iShares A.I. Innovation and Tech Active ETF (BAI)

The iShares A.I. Innovation and Tech Active ETF is an actively managed fund from BlackRock's iShares business that invests in companies positioned to benefit from the development and adoption of artificial intelligence.

The portfolio managers select stocks across the AI value chain, including semiconductor and hardware makers that supply computing power, data center and infrastructure providers, software and cloud platforms, and companies applying AI in their products and operations. Holdings can include both U.S. and non-U.S. companies and are chosen through fundamental research rather than by tracking an index.

Because it is focused on a single technology theme, the fund's holdings tend to concentrate in the technology and communication sectors.