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BlackRock's quarterly net income fell slightly from a year earlier, while the investment firm's assets under management edged higher to a record $11.6 trillion. The world's largest asset manager said ...
Before certain one-time expenses, the firm earned $11.30 a share, exceeding Wall Street's expectations of $10.08. The company's shares, which have fallen 16% this year amid the broader selloff of ...
The modular platform for building and customizing gen AI models and AI agents is the foundation for the tech company’s data ...
$11.6 trillion BlackRock has transformed in the last year ... it changed the asset management industry thanks to its risk management software known as Aladdin. The firm's ETF business — which ...
Its crown jewel is the index segment, which makes up about 55% of overall revenue and 70% of operating profit. Through early leadership in non-US indexes, MSCI boasts about $17 trillion in benchmarked ...
Larry Fink is one of the smartest people in the finance industry. In his latest shareholder letter, the Blackrock CEO outlines his quest to become the biggest player in private assets and upend ...
BlackRock is transforming to bridge public ... and on that one machine started to build Aladdin. The software gave investors something they'd never had before: a clear, unified view of portfolio ...
Originally built to serve internal needs, Aladdin would eventually ... On October 5, 2019, BlackRock acquired eFront, a firm specializing in alternative investment software, in another step ...
Nvidia designed the NeMo tools so that developers with general AI knowledge can access them via API calls to get AI agents up ...
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