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(Bloomberg) -- BlackRock Inc. is betting on the AI boom as it latches onto the promise of productivity gains from artificial intelligence.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse WorkforceThe world’s largest asset manager has

BlackRock has joined a list of AI advocates, saying that AI is a 'mega-force' that will drive major trends in the market in the near future.

(Bloomberg) -- BlackRock Inc. is betting on the AI boom as it latches onto the promise of productivity gains from artificial intelligence.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceBiden Can Cancel Student Debt Even If Supreme Court Blocks Order, Advocates SayWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSPutin Claims He’s Back in Control. Russia’s Elite Isn

It follows a blistering AI-powered rally that’s already driven the best-ever first half of a year for the tech-savvy Nasdaq 100 index.

Shares rise modesty; Apple resets record high; $A hit by diverging rate outlook; St Barbara appoints new CEO; Retail trade data at 11:30am AEST. Follow updates here.