BlackRock's AI is watching - and helping to make stock picks based on what it sees

By Yahoo! Finance | Nov 18, 2024 at 04:31 AM EST

Asset managers like BlackRock are utilizing generative AI (GenAI) tools to generate alpha and improve operational efficiency. With examples like monitoring social media for stock price correlations, AI complements human expertise in decision-making. Hong Kong's SFC supports responsible AI use in the financial sector.

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