Is Blackrock ready for AI?

While BlackRock has historically been a forerunner in adopting AI, potential competition exists from traditional firms and fintech startups . BlackRock has taken many steps to address the AI revolution in the near term.

What will Blackrock do in the future?

BlackRock will also need to continually assess the usefulness of new data sources. BlackRock must also stay abreast of any developments in the AI space, which is difficult to do given rapid changes. In the medium term, BlackRock could acquire companies producing applicable technology or fintech competitors.

Who is the co-head of Blackrock AI Labs?

Rachel Schutt is the co-head of BlackRock AI Labs. She is a Managing Director and Technical Fellow. Stephen Boyd is the co-head of BlackRock AI Labs. He is the Samsung Professor of Engineering and Professor of Electrical Engineering at Stanford University. The John A. Overdeck Professor of Statistics at Stanford University.

Is Blackrock leveraging AI more broadly and ML for process improvement?

This post discusses how BlackRock is leveraging AI more broadly and ML specifically for process improvement and product development, which could result in potentially significant revenue generation.