BlackRock to Roll Out Generative AI Tools Next Month, FT Reports
December 06 2023 - 9:35AM
Dow Jones News
--BlackRock plans to roll out generative artificial intelligence
tools to clients next month, according to a report from the
Financial Times.
--The asset manager told staff Wednesday that it has used the
technology to construct a "co-pilot" for its risk management
systems, the report said.
--BlackRock also is building tools for gathering financial and
other data for research reports and investment proposals, according
to a memo obtained by the Financial Times.
--The AI technology will be used to produce "first drafts" that
must go through quality control, with all data remaining inside
BlackRock's "walled garden," the report said.
Full article:
https://www.ft.com/content/3f3431f1-d6dc-4310-9edc-3bc8cdc46caa
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
December 06, 2023 10:20 ET (15:20 GMT)
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