Jan 21, 2025 · Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.

2 days ago · The share price of a basket of AI-related stocks in the US dropped 10% in the first two days of this week. The development highlights the sheer amount of capital that’s been invested in AI by US technology giants so far, as well as the investment that will be needed to scale the technology going forward, according to Goldman Sachs Research ...

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Jan 17, 2025 · Solomon described a road map for how Goldman Sachs was strategizing around AI. He said that getting engineers to free up capacity by being 30% more productive with coding tasks was "first and most ...

Goldman Sachs will finish rolling out its first generative artificial intelligence tool—for code generation—to thousands of developers across the company by the end of the month.

Jun 27, 2024 · The promise of generative AI technology to transform companies, industries, and societies is leading tech giants and beyond to spend an estimated ~$1tn on capex in coming years, including significant investments in data centers, chips, other AI …

Aug 22, 2024 · The Goldman Sachs Value Accelerator (VA) team has been advising many of our portfolio companies on over 20 GenAI pilots they are developing for their businesses and scaled up use cases in this same timeframe.

Jan 25, 2025 · Goldman Sachs has recently introduced the "GS AI Assistant" to approximately 10,000 employees, marking a significant step in integrating artificial intelligence into its operations. This move ...

Mar 31, 2023 · If generative AI lives up to its hype, the workforce in the United States and Europe will be upended, Goldman Sachs reported this week in a sobering and alarming report about AI's...

May 13, 2024 · Goldman Sachs Research predicted last year that generative AI could boost GDP and raise labor productivity growth over the coming decade. Since publishing that outlook, investment in generative AI has boomed, but it will take time for the technology to filter into the overall economy.