Global investment giant BlackRock has announced the forthcoming rollout of generative AI tools to its staff and clients.  

Set to debut in January, this initiative marks a pivotal leap for the world’s largest investment manager.

BlackRock has initiated the use of GenAI to bolster its in-house risk management systems Aladdin and eFront.

“We’ve seen a mass proliferation of GenAI that we believe will fundamentally change how the world operates. Like the advancement of the personal computer, internet and mobile phone, the promise and potential of GenAI to transform how we work and live is enormous”, memo BlackRock executives stated.

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