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BlackRock already uses an AI called Aladdin to manage 11 trillion in assets. https://en.wikipedia.org/wiki/Aladdin_(BlackRock) https://en.wikipedia.org/wiki/Ala
by Reptur 4y ago
BlackRock already uses an AI called Aladdin to manage 11 trillion in assets.
https://en.wikipedia.org/wiki/Aladdin_(BlackRock) https://en.wikipedia.org/wiki/Aladdin_(BlackRock)
- denotational 4y agoAladdin isn’t an AI, just a codename for the platform and data-model.
- broast 4y agoRenaissance Technologies Medallion Fund is more akin to AI. The fund only actively manages 10 billion dollars, but with huge annual returns.
- funstuff007 4y agoPlease don't give the marketing team any crazy ideas. ESG + AI = Aladdin!