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The Economic Times
The Economic Times
Business

BlackRock expands AI push with new robotics ETF as investor enthusiasm cools

BlackRock Artificial Intelligence ETF Robots Jay Jacobs

BlackRock has added another AI focused exchange traded fund to its growing lineup, turning to robotics as investors become more selective about where they place their bets on the technology theme, according to Reuters.

The global asset manager launched the iShares Future Robotics and Related Technologies ETF on Wednesday, targeting companies that use intelligent machines to automate repetitive tasks across industries including transportation and manufacturing.

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