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BlackRock to Hire 1,200 People in India, Build Out AI Capabilities

BlackRock Inc. plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence capabilities in the country, according to people familiar with the matter.The world’s largest asset manager is hiring for its iHubs, as the centers are known, in Mumbai and Gurugram, a satellite town near New Delhi. BlackRock is also inheriting a so-called global capabilities center with roughly 1,500 staff in Bangalore through its proposed purchase of data firm Preqin, ...

Read more at bloomberg.com

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