BlackRock

Almost $20 trillion in revenue—and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.

Fortune 500

Leaders in all industries rely more than ever on Big Tech—and appreciate the giants that deliver, at scale, without drama.

World's Most Admired Companies

Industries included in the sector are banks, insurance, and real estate companies.

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The Fortune 500, in its 70th year in 2024, ranks the biggest U.S. companies by revenue.

The 26th edition of the list shows how much esteem Big Tech giants command among other business leaders.

WMA-2024-BlackRock

The 25th Fortune World’s Most Admired Companies list suggests that tech giants’ peers respect them as much as ever.

WMAC 2023-BlackRock

The Fortune 500, in its 69th year in 2023, ranks the biggest U.S. companies by revenue.

Just as it dominates our economy, Big Tech now dominates Fortune’s annual ranking of corporate reputation.

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This year’s Fortune 500 marks the 68th running of the list.

After a year in which humanity leaned more heavily than ever on tech giants, see which companies topped Fortune's ranking of corporate reputation.

WMAC 2021-18-BlackRock

This year’s Fortune 500 marks the 67th running of the list.

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The world's largest asset manager helps handle the investments of its clients, with over $8 trillion in assets under management.

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

This year's Fortune 500 marks the 66th running of the list.

F500-2020-219-BlackRock

Money management firm BlackRock provides investment and risk management services to clients including endowments, pension funds, and insurance companies. In a January 2020 letter to investors, CEO Larry Fink outlined the ways in which the company would <a href="https://fortune.com/longform/wall-street-fossil-fuels-divest-climate-change/">prioritize environmental sustainability</a> in its investment strategy in order to curb climate change.

As we face unprecedented collective challenges, cooperation has become a business superpower.

05.CTW20.Blackrock

Few events moved the needle on corporate climate policy like CEO Larry Fink’s warning, in January, that BlackRock considers climate change an investment risk. The world’s largest asset manager, with $7.3 trillion under management, has since begun pressuring companies to be transparent about their exposure to climate risks, and used its shareholder clout to oppose policies that are climate-unfriendly.

Change the World

Here are the World's Most Admired Companies for 2019 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 65th running of the list.

Here are the World's Most Admired Companies for 2018 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 64th running of the list.

Here are the World's Most Admired Companies for 2017 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 63rd running of the list.

Here are the World's Most Admired Companies for 2016 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 62nd running of the list.

Business insiders have spoken: Asked which companies they most admire, more than 4,100 executives, directors, and analysts chose these top 50 All-Stars.

This year's Fortune 500 marks the 61st running of the list. Wal-Mart claims the top spot again. See who made the list.

Wal-Mart stayed on top as its sales crept closer to half-a-trillion dollars. Apple moved into the top five. And UnitedHealth Group continued its steady climb. 

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BlackRock held $11.6 trillion in assets under management at the end of 2024, making it far and away the world’s largest asset manager. BlackRock serves institutional and individual investors across more than 100 countries. Its largest business divisions include investment advisory services, technology services, stock lending distribution, and a variety of shareholder services. Founded in 1988, BlackRock is today known for its popular iShares ETF platform, Aladdin risk management technology, and expanding presence in private markets, infrastructure, and private credit. One of BlackRock’s newest businesses is cryptocurrency, including a Bitcoin ETF that quickly became the world’s biggest.

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BlackRock (BLK): Company Profile, Stock Price, News, Rankings

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Companies

BlackRock | Fortune

BlackRock (BLK): Company Profile, Stock Price, News, Rankings | Fortune

Eleanor Pringle

RGA CEO Tony Cheng: Americans are living longer—adding risk for insurers—but the real danger is people outliving their savings

/2025/07/27/rga-ceo-warns-outliving-savings/

Isabelle Lee

Bloomberg

BlackRock Bitcoin ETF drives more revenue than its S&P 500 fund

/crypto/2025/07/02/blackrock-bitcoin-etf-revenue-sp-500-fund/

Greg McKenna

A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance

/2025/06/17/carried-interest-pe-firms-executive-comp-blackrock-goldman-sachs-finance/

Catherine McGrath

BlackRock’s Bitcoin ETF becomes fastest-ever ETF to accumulate $70 billion

/crypto/2025/06/09/blackrock-bitcoin-etf-fastest-70-billion/

Paolo Confino

BlackRock CEO Larry Fink says leaders have to be ‘much more guarded’ about what they say because of social media and populism

/2025/06/06/blackrock-ceo-larry-fink-leadership-advice-social-media/

Chloe Berger

The rise of the English major: BlackRock COO wants to recruit liberal arts analysts that 'have nothing to do with finance or technology'

https://fortune.com/2024/05/17/blackrock-coo-robert-goldstein-english-history-liberal-arts-hiring/?itm_source=parsely-api

Luisa Beltran

Jamie Dimon plays down successor talk even as three leading candidates emerge to be next JPMorgan CEO

https://fortune.com/2025/05/19/jamie-dimon-succession-jpmorgan-chase-blackstone-blackrock-wall-street/?itm_source=parsely-api

Silla Brush

Dinesh Nair

Larry Fink phoned Trump directly to pitch BlackRock’s Panama deal

https://fortune.com/2025/03/05/larry-fink-phoned-trump-directly-to-pitch-blackrocks-panama-deal/?itm_source=parsely-api

https://fortune.com/2025/06/17/carried-interest-pe-firms-executive-comp-blackrock-goldman-sachs-finance/?itm_source=parsely-api

https://fortune.com/2025/07/27/rga-ceo-warns-outliving-savings/?itm_source=parsely-api

BlackRock ends diversity goals, merges DEI staff into new team

https://fortune.com/2025/02/28/blackrock-diversity-dei-new-team/?itm_source=parsely-api

Marco Quiroz-Gutierrez

Warren Buffett’s brain and other finance legends channeled in new AI fund 

https://fortune.com/2024/09/19/etf-warren-buffett-druckenmiller-tepper-finance-investors/?itm_source=parsely-api

Michael del Castillo

BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence

https://fortune.com/2025/01/15/blackrock-and-vanguard-own-huge-amounts-of-bank-shares-but-only-one-agrees-with-fdic-policy-on-undue-influence/?itm_source=parsely-api

World's largest money manager BlackRock hits record $10.6 trillion, and it's thanks to ETFs, CEO Larry Fink says

https://fortune.com/2024/07/15/blackrock-larry-fink-record-etf-10-6-trilion/?itm_source=parsely-api

Future of Finance, presented in partnership with EVERFI from Blackbaud and Ripple, is bringing together the brightest minds in lending, crypto, and banking. It’s where industry leaders like BlackRock, Coinbase, and Morgan Stanley gather and reveal groundbreaking insights, spark high-energy discussions, and create powerful connections.

From AI to crypto: Here’s everything you missed from Fortune’s Future of Finance conference

Conferences

Future of Finance, presented in partnership with EVERFI from Blackbaud and Ripple, is bringing together the brightest minds in lending, crypto, and banking. 

Good morning, everyone and welcome to the Future of Finance. The Future of Finance is a one day conference we're hosting, bringing together some of the top minds in industries, from lending to crypto to banking, to talk about where money is headed. We had a packed house here. It's really, you know, encouraging to me as a co chair to see the room full, people engage people talking the pace of change as we say will never be as slow as it is today, right? Everything is just getting faster, especially A I, you've got to have a good quality data and also can fetch those data much more easily. There is no better partner in the world than fortune, no more trusted brand in the world than fortune. In terms of bringing together the most powerful, most forward leaning leaders in the world of finance as well as attacking and really talking about some of the most substantive and pressing issues in this world. We needed to convene the world's most forward leaning leaders because you've never seen a time that has more dynamism than this moment, more change than this moment where technology is changing the landscape you know, you feel like you're over regulated. We're actually trying to pull this further into the regulatory perimeter and to have kind of a greater regulatory framework and greater regulatory clarity. This year, the discussion topics are on the I everybody's talking about it, how it impacts them, how we think it's going to impact them, how it's going to change the environment, the economy, our lives, the financial markets, the way we invest, believe it or not, put those back. We thought, you know, I want to release Blackrock. They launched Bitcoin ETF and we're learning now who owns those etfs. It's like pension funds, state government, the government of Wisconsin now owns Bitcoin. That shows how far we've come first. I will say we are very eager for there to be federal legislation on Cryptocurrency and on stable coins. We're all here gathered today to learn best practices. But this time next year, things may have changed totally. So it's good to keep upskilling and, and learning and staying on top of what's going on in the industry. We're not, we're not hiring based on experience. We're hiring based on a skill set. Best engineers in the world won't want to work here if we don't give them these tools because they're available in the industry and it makes them better for and strength is its power of curation. Our reporters and editors know the right people who trust us, trust our journalism to bring them together put on a truly a list event next year, it's gonna be bigger, it's gonna be better. And once again, it will have the key players, the biggest names from finance, from technology, from fintech, from crypto, all in the same room with attendees who also all many of them executives themselves and for very high level discussion, new ideas and even new friendships. I encourage everyone to attend.

Robert Goldstein, Senior Managing Director and Chief Operating Officer; Member, Global Executive Committee; Co-chair, Global Operating Committee, BlackRock Moderator: Lee Clifford, Executive Editor, Enterprise, Fortune

Future of Finance 2024: BlackRock and the Future of Finance

Robert Goldstein, Senior Managing Director and Chief Operating Officer; Member, Global Executive Committee; Co-chair, Global Operating Committee, BlackRock Moderator: Lee Clifford, Fortune

Good morning, everyone. All right, Rob, you made it here in the nick of time. Brave some awful traffic. Let's dive right in. A little traffic is good. It shows the city is sort of back. I like it. Absolutely. The city might be too back. Um OK, so you guys founded an A I lab in 2018. You've been at this for a little while. Tell us where is it, what does it do? What have you learned? And I think that when people talk about A I, they forget that the A I lab at MIT was actually founded in the 19 fifties. So a lot of these ideas, these concepts, these methodologies are actually not brand new. What's brand new for the past few years has been this confluence of there's more data than anyone could have imagined even a few years ago. And the amount of compute capacity in the world and how you access. It has just fundamentally changed a couple of years ago, even less when Chachi Pt started what I would call a gen A I revolution, the world changed again. So we have started our A I lab in 2018 we've been using these methodologies really for a couple of decades and what the purpose of the A I lab, which is literally like right on the border of the campus of Stanford. And we have a lot of people who are affiliated with the math department, the electrical engineering department of Stanford, who are effectively running the lab. And the vision at the time was a very simple vision, which was, we have a lot of things we're solving for. We have a group of people who are solving for them using a variety of methods we've been trying for many, many years. And let's get a group of people who are more focused on natural language processing optimization, more focused on the math than the finance. And let's throw the same problems at them and see how they would ultimately solve those problems. And we've had great, great success with that. What changed a couple of years ago? And I think at the most basic level, you could think of it as everything we were doing really was centered on numbers. Now. What's happening with gen A I is that you're able to extend your problems and solutions to be more about words and language. And that unlocks what I believe will be the most significant technology innovation evolution, revolution of my 30 year career because the kinds of things you could do have just expanded greatly. And I'll, I'll give, can I give one quick example? OK. So, so the quick example that I would give is we had a presentation to Blackrocks Board several months ago. It was uh either October or November or last year. And the presentation was on Gen A I. And what our strategy associated with Gen A I is. And as part of that presentation, because we normally would write a memo as part of the board materials, we had the idea of let's actually use chat EPT to write the memo. So we took what our strategy document was and we fed it into chat EPT with a very simple prompt and that prompt was write an executive summary. I think it was 500 words, maybe 1000 words um for the board explaining our strategy, some of the risks and so on. So it gave us a memo and then we gave that memo to a bunch of people internally to read. And what was most amazing to me is and, and we have some tough graders within Blackrock. Let me be very clear as we gave the memo to those tough graders to read. Everyone had comments and the comments were typically things like I hate the tone. The comments were like, I think you're selling yourself short. The comments were like, what about this? No one realized it was actually written by a computer. A couple of people when we told them it was written by a computer, they said, I don't like the computer's tone I'm like, well, you should take that up with the computer. And then what became clear is that even something like the tone, the computer will be able to modify its tone a little nicer to or you feed it 10 other memos with the right tone and you say give me the tone of those memos. So it's just those are the kinds of problems you would have never thought of a computer solving three years ago, writing the memo describing your strategy. So the unlock here is a generational unlock and particularly through the lens of a coo it's a incredible force with regard to how you need to think about operating a company, the talent strategy and just the overall strategy of how you engage with and communicate with clients, how you process information to generate investment ideas. It's a whole new world one. Let's talk about strategy a little bit. One thing I'm hearing from a lot of companies is suddenly you need to re evaluate your strategy every three months, every six months, it's no longer something that you know gets evaluated every couple of years. As what are you finding? Well, I think is a starting point without question, everything is just happening faster. So if you take a step back, I think this is another we would think of technology innovation and consequence, maybe an unintended consequence, but everything is happening faster in this world. And a big part of it is because one of the fundamental ingredients for change is information flow and the information flow is just accelerating, accelerating accelerating. So I think we view strategy as an incredibly fluid assignment. But what's interesting from a black rock lens is that the strategy has been uh largely unchanged because from our perspective, we're really looking at what are the challenges that clients have with their whole portfolio, with the whole investment portfolio. And the core of our strategy is really fulfilling that whole portfolio requirement. And if anything many of the forces that are happening, including the forces that we're describing now are just accelerating the client requirement to work with people who could do more and more things for that whole portfolio. When you look back over your 30 year career at Blackrock, what are some of the things that you think are unique about your company and have made it so successful over the past 30 years? We only have six minutes. II, I think I could talk for a year about my 30 years. But importantly, I think that if you look at the history of Blackrock and if you look at what Blackrock is today and even as we were being introduced, we spoke about Blackrock, we spoke about the Aladdin platform, we spoke about the ETF platform, the is shares platform that we have. And what's interesting is that if you think about the asset management industry, particularly if you go back 30 years ago, 20 years ago, 10 years ago, you could argue even today, it really is organized much more around the service providers, the asset managers. And then there's this expectation that the clients have to put all these service providers together. So even if you look at Black Rock and our size and scale, it still is under 10% of the market, the industry is incredibly bifurcated, which leads to the client having to do a lot of work. And the strategy that we've been employing at the most basic level is that the clients are our compass for where we take the company. So the clients are building these whole portfolios. Those whole portfolios involve taking investment strategies that seek alpha investment strategies that are designed to provide exposures through replicating indices, public markets, private markets across a whole array of things. Then you need to understand the risks in those portfolios. You need to understand asset allocation, you need technology to do the processing. So our strategy has always been how do we be able to solve the client's whole problem or any building block piece or the technology infrastructure? Now, if you look back when we started to provide Aladdin, people said, why would an asset manager provide technology when we bought Barclays global investors? And we as part of that had the ishares leading ETF franchise. People basically said you need to be an active manager or you need to be an index manager, they would call it back then, a passive manager, there could be nothing further from the truth. You can't be both. It was religious. And we just said, why is it religious? If clients are taking all these pieces and putting them together, isn't the industry an industry designed to serve its clients? And I think if you look at the past three decades, the industry is just shifting more and more. And I like to think Blackrock is leading in that shift to how can you really service the whole portfolio and how could you be able to talk to clients where even if they buy one LEGO piece, one building block from you as an individual product, you recognize it's in the context of that whole portfolio and you can talk to them about that LEGO piece in the context of the whole portfolio. OK. Well, we're here at the Future of Finance conference. So now it's time for some bold predictions. We're sitting here 10 years from now. What is going to look different about the whole finance industry? I I think that the Black Rock was founded and from the earliest days, there was a thesis that at its core, the asset management industry is an information processing industry. And I think the past three decades have been, if you look at it as a line, it's been going like this towards that vision. I think the line is gonna go like this. I think that the asset management industry and the broad business of investments in aggregate is gonna just increasingly become an information processing and technology business. There's gonna be mass personalization that clients are gonna be able to experience. There's gonna be a mass ability to look at all the data that's being created. And, and, and remember if you look forward as a prediction, I'm not smart enough to know if it's five X 10 X 100 x 500 X. I just know it's lots of x more data in the world that asset managers will need to understand and process and these businesses are just gonna increasingly become technology businesses in every way possible. I think it's also quite clear that the lines between the public markets and the private markets, the lines between where you are within a, a capital structure and a capital stack, all of these lines are getting more blurry. So the portfolio of the future will clearly have public market exposures and private market exposures. It will clearly have fixed income and equity, but it will clearly be thought of more as a series of exposures than the convenience technology of being able to label things a certain way and assume as a simplifying assumption, assume that that label behaves a given way. Last question, you've said tech a lot I haven't counted but it's many times. Is it changing who you're hiring? What, what type of background are you looking for now? That's a great question. We within blackrock, roughly um a little over a quarter of the company would be people who are technologists. That is something that we've been doing for for quite some time. But it's interesting because I feel like is we have more and more conviction that we need more technologists. We also have more and more conviction. We're, we're, we're a firm that has a very large analyst class every year that we hire out of university. We also have more and more conviction that we need people who majored in history in England in things that have nothing to do with finance or technology. And it's that diversity of thinking and diversity of people and diversity of looking at different ways to solve problems that really fuels innovation. As a history major, we have to stop there. But as a history major, I'd love to hear that. Thank you so much for joining us.

Presenter: Taryn Southern, Chief Storytelling Officer, Blackrock Neurotech 

Brainstorm Tech 2023: The World's First Superhumans

We are moving along to another fascinating conversation. Imagine being able to type, create and operate with just your thoughts. Long considered the stuff of sci fi lore. Thanks to implantable brain computer interfaces, also known as BCIS, superhuman abilities are now a reality. A new surge of investment in the fields of neurotechnology and an A I of course, is bound to enable BCIS with new capabilities. But what are they going to be? And more importantly, are we ready for them? Our next present has one of the most awesome titles around Karen Southern is Black Rock Neuro Tech's Chief storytelling officer. She's a strategist, a pioneering creator and award winning filmmaker who's passionate about the intersection of humans and tech as chief storytelling officer at Blackrock Neuro Tech. Her work gives audiences a front row seat to the future. So here to tell us more about the world's first superhumans. Please welcome Karen Southern. Thank you so much. I am so excited to be here to talk about one of my favorite subjects and a topic that quite frankly has long fascinated the public imagination. So first and foremost, I wanted to see how many of you have been asked this question in elementary school. If you could have any superpower, what would it be? Quite a few of you? Right. And we all had our answers. We've listened to comic books and TV, shows and movies. So we had a pretty good sense of what we wanted. Superhuman strength, the ability to see through walls, supersonic hearing. But what if we lived in a world where this wasn't just an exercise of the imagination? What if we lived in a world where this was actually a reality where you could move objects with your mind, you could sense touch through an external object, even type up to 90 characters per minute with 94% accuracy. All with just your thoughts. Now, what most people don't realize is these kinds of superhuman abilities are no longer the stuff of sci fi films but rather a full reality. So for the past two decades in labs across the country, dozens of research participants have made headlines like the ones you see here for defying human limitation, restoring function, even gaining new senses. Now, these individuals don't have capes and they certainly don't star in Blockbuster movies, but they are charting new frontiers for science and they are helping us redefine what it means to be human. These are some of the world's first superhumans and what is powering their abilities is the incredible advancements in the world of brain computer interfaces. So what does a brain computer interface. It's essentially a technology that allows a brain to connect directly to a computer or as Arthur C Clark would say magic. Now, for the past seven or so years, I have been very fortunate to have a front row seat in actually getting to see this magic play out. So this is me back in I think 2017. So from 2016 to 2019, I co directed and produced a film that followed three patients, a woman with Parkinson's a blind man and a man with paralysis as they underwent invasive brain surgery in hopes that they could restore function that they thought would be forever lost. The film premiered at Tribeca Film Festival in 2019 and really kicked off my passion for this incredible field. Now, while I was making this movie, one company's name kept coming up again and again and again, Black Rock Neuro Tech, not to be confused with the private asset management firm named after Black Rock Utah. This company based just 30 miles from here in Salt Lake City was responsible for the development and deployment of one very key technology this the Utah array. Now, while I realize it looks a little bit like a medieval hairbrush, this tiny brain implant is responsible for thousands of brain computer interface studies around the world and can accomplish some pretty amazing things. So this is what a BCI rendering looks like. And if you look at the top circle, you'll see, you'll barely see that there are several tiny micro electrode Utah arrays implanted in the cortex. Each of these arrays has 100 silicone micro electrodes and each of those electrodes connect to a single neuron in the brain. So what happens is these electrodes take the signals from the neurons, send them to a decoder where they are translated into a kind of digital code. And that digital code is sent to digital devices like wheelchairs, computers and robotic arms. Since 2004, we've had dozens of people implanted with this array and used as part of a BCI in order to move, feel and communicate again. These individuals typically have paralysis or other neurodegenerative disorders such as ALS. So I'd love for you to meet one of these humans, Nathan Copeland and Nathan is a wonderful person. And in 2004, he was unfortunate to be involved in a terrible auto accident that left him paralyzed from the chest down. He fell into a deep dark depression and felt like he was going to be a burden for the rest of his life on his family and friends. Then years later, he was invited to sign up for an experimental research study out at University of Pittsburgh where he would have four micro electrode arrays implanted in his brain. Now, Nathan is a self professed Cyborg. And for the last seven years, he has pioneered a number of firsts in the field. One of those is that he is the first human to have a rays implanted in his sensory cortex, which means he can actually feel a robotic arm when it is touched. Essentially the sensations feel like they are coming from his own arm. And so this is actually a video from his youtube channel BC. Can do better. Please subscribe to him on youtube. This is him operating the robotic arm to make cocktails. This is him operating the robotic arm to feed himself his favorite Taco Bell meal here he is playing his favorite video game. And in the last piece, you can see him creating digital art and he is doing all of this with incredible precision with just his thoughts. So these are a few of Nathan's BCI powered art pieces. His very first piece is the one on the lower right? It's a bunch of scribbles on a white canvas and he made that in 2017 with Microsoft paint and that was sold for $120,000 last year at a charity auction. Nathan is also the first pioneer to sell one of his VC I powered artworks as an NFT which he did in 2020 for 2.5. And finally, and perhaps most importantly, he is the first pioneer to fist bump, a standing us president with a BCI controlled robotic arm. Nathan is moving his hand with his brain. And so when he was giving me a fist bump for shaking my hand. These are his own uh signals that he's sending out that are manipulating, which, you know, pretty amazing precision. Even Obama said at the end of this meeting to everyone in the audience, I'm not really sure if you can all quite grasp what's going on here. But Nathan is not the only superhuman in his ranks. This is James Johnson. James was an artist, a respiratory nurse and a therapist who volunteered in hospitals across the country. Until in 2017, he was in a terrible para motor accident that left him paralyzed from the neck down. And he was in a medically induced coma for three months. Following his rehabilitation from that coma, he was invited to participate in an experimental research study with Caltech where he has since done a number of incredible things with his BCI. This video here is a short clip of him doing his absolute favorite activity with his BC. And it will also give you a little sense of how this all works. All right. So what we have here is our view into James's brain. Each one of those neurons is telling us something about what James wants or experiences in the world. And we can use that to train statistical models and allow his brain activity to drive motion of the cursor. I'm imagining following that cursor kind of like a playstation controller. I think that I can control the computer, the cursor just by thinking about it is mind blowing. But now I'm gonna apply it to what I have to do the most Photoshop. So right now I'm just going to do a simple blend of three different photos and we're going to put her face in the background. Get like a soft brush that allows me to fade and make my brush a little bigger. I'm just gonna update, we can create a new Bob Ross series with you in Photoshop. So as you can see, um James is incredible. I mean, his Photoshop skills are better than mine here is actually some of his most recent work that he's done and it's currently on display at the world's first BCI exhibit in Washington DC. But that's not all James had one more audacious mission that he wanted to accomplish this past year to set out to drive a real world vehicle with just his thoughts. Take a look. Yeah, like why do that? Are you trying to stay in the lane or? Yeah, I'm trying to stabilize it. We're doing pretty, pretty good. Uh This is the first time we've applied what we're doing to a real world event. Me being able to drive from my mind um is pretty impressive and no one else is doing that. So um really happy to be a part of this project getting behind the wheel again, actually sitting in the front seat in the driver's seat. That's gonna be pretty awesome because um it's been almost five years now and five years of sitting in the back seat uh being at the mercy of my teenage son driving, uh it'd be great to finally have some control for myself. So that was James training on a proxy. Did he actually control a real world vehicle with his mind? You will have to follow Black Rock Neuro to find out. So, as you can see from both James and Nathan's stories, you know, both of them have discovered quite practically the implications and possibilities and limitations of this incredible technology. It's inspired new forms of creativity and embodiment for them. It's also given them hope for a future of greater independence. So what's next for the broader world of BCI? Well, at Black Rock, we have an FDA breakthrough designation which means we're working very hard to commercialize our device for people with paralysis. We are also actively testing an auditory nerve implant to improve hearing in people who are deaf who are not eligible for a cochlear implant. And finally, we've been working on a next generation device that is much smaller, much thinner wireless and has up to 10,000 electrodes so it can reach 10,000 neurons. But as we look to the further future, we have to ask ourselves as a society, the question will BCIS one day give us all superpowers. And I've spoken to a number of neurosurgeons who predict that the next 15 to 20 years we will see an increase in brain implants largely due to an aging population. You know, on the one hand, we've got BCIS, which offer incredible promise for things like movement, sensory restoration. We also have other technologies like deep brain stimulation that offer solutions for people with Parkinson's and depression and anxiety. And of course, the breakthroughs will just continue. Ultimately, though I think the best people to ask about the future trajectory of these devices are the superhumans today. The James and Nathans of the world, they say that they just want this technology available to anyone who needs it to restore function, to restore independence, to restore a sense of what it means to be human. And if they end up with a few additional superhuman abilities, they're fine with that too. Thank you so much, Karen. Thank you so much. This is just fascinating and very cool that Black Rock Neuro Tech is just down the street here in Utah. I want to ask you very, very briefly. Um There seems to be this surge in interest and investment in the space. How is that changing things for you and for the company? Yeah, assuming it's good, but it's mostly very good. I mean, there's a huge growing awareness of what's happening in neurotechnology largely because of a few entrepreneurs with big megaphones. Um That being said, it's also created a lot of Elon Musk. It's also created some misconceptions, right? Like the idea of downloading our consciousness to a cloud or competing with AI by becoming ai, I mean, these things are provocative but not exactly plausible. And so I think it's important that we have to level set, not just with society so that we're able to see what's actually happening with these devices. But more so for the patients that really need these uh these products and we want to make sure that we're giving them accurate timelines and that they are really given an opportunity to think deeply about what the opportunities are for them. But all in all, it's been a very exciting time. Awesome. Well, thank you so much. Thanks for coming and sharing. This is just hugely impactful work. So I appreciate you being with us. Thank you so much. Thank you.

Bitcoin price continues to rise in the face of the SEC’s attack on crypto: Here’s why

Fortune_Crypto

Fortune Crypto's Jeff John Roberts and Leo Schwartz discuss why.

Bitcoin hits $30,000 regardless of SEC attack on crypto

Welcome to, let's discuss where we break down the hottest news topics in two minutes or less. I'm Jeff John Roberts here with my colleague, Leo Schwartz. And today we're here to talk about the inexplicable rise in the price of Bitcoin. Bitcoin is hit $30,000 last week and has stayed there perhaps against expectations. Leo, what do you think is going on? We're seeing intense regulatory turmoil in crypto as the SEC goes after major exchanges like coin based finance. At the same time, you're seeing a lot of traditional financial institutions or trad firms moving into crypto and filing for ETF S for Bitcoin. And that's one of the reasons that you seem to see Bitcoin rising so much recently. Yeah. Well, I mean, let's take the long view for a sec like, you know, devil's advocate here. I think your theory is probably right, but, you know, I haven't covered crypto for a long time. This narrative of the institutions are coming, pension money is going to come in there, widespread adoption. This is something that bubbles up, you know, without, you know, regularly over the years and it always seems just over the horizon you know, and also, you know, these people have been applying for Bitcoin Funds ETF S for years and, you know, never seems to go anywhere. So what do you think is different? I mean, you follow the regulators very closely, you know, is there are we on the cusp of a breakthrough because everything I can tell is the SCC is extraordinarily hostile to crypto across the board. So what do you think is going on the difference? This time seems to be a big court case that everyone is waiting for, which is gray scale, a crypto firm which applied for Bitcoin ETF was rejected by the SEC and then countersued them uh to get approval for it. And it seems like that decision could be coming any day. Now, uh if they do win the case, then you'll see a lot of other firms be able to apply for Bitcoin A TFS and maybe get approved as well. And that would create a new flood of traditional finance money coming in. And then I think another dynamic of course is that all these other cryptocurrencies are being named as securities while as while Bitcoin is a commodity and therefore is safe and is a safer place maybe for investors to put their money. Any last thoughts, Jeff? Yeah, that's a very good point. I mean, this rally is not across the board, this currency named as um as securities are have tanked. Um Ethereum is kind of holding its own a little bit of a rise but nothing like Bitcoin. Of course, anything can happen in the future. It's crypto. But for now we'll just wrap by saying it's on a good run. Um, I'm Jeff Sean Roberts. This has been, let's discuss for more. Please go to fortune dot com.

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