The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

BlackRock, Inc. (NYSE:BLK) is one of the Top 10 Stocks That Will Profit from AI. The company has deeply integrated Large Language Models (LLMs) and generative AI into its Aladdin platform to meet institutional clients’ needs.

Among the most recent developments, BlackRock, Inc. (NYSE:BLK) participated in a $222 million funding round for Circle (CRCL) on May 11, 2026, valuing the stablecoin issuer’s new Arc blockchain network at $3 billion. The investment signals a major move by Wall Street to utilize digital foundations for global banking and AI beyond basic payments.

Prior to this, on May 6, 2026, BlackRock, Inc. (NYSE:BLK) launched a $30 million philanthropic initiative in Texas to train over 12,000 workers for electrical careers. The program was part of the company’s $100 million Future Builders Initiative. With the program, the company aims to address the surging power demand driven by population growth and AI expansion. The initiative involves partnering with Texas State Technical College, IEC Dallas, and etA, and funding the pre-apprenticeships and a new Associate degree program. Larry Fink, Chairman and CEO of BlackRock, Inc. (NYSE:BLK), made the following statement.

The scale of growth underway in Texas demands a workforce ready to build it.

One of the world’s largest asset managers, BlackRock, Inc. (NYSE:BLK), provides a comprehensive range of investment, advisory, and risk management solutions, including iShares ETFs and the Aladdin technology platform. The company was founded in 1988 and governs its operations from its headquarters in New York.

While we acknowledge the potential of BLK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and 10 Best Battery Technology Stocks to Buy Now

Disclosure: None. Follow Insider Monkey on Google News.