Goldman Sachs Sees Gold Mine in Financing AI

It’s not only tech companies that see artificial intelligence as a big new moneymaking opportunity. It’s a potential gold mine for investment banks, according to Goldman Sachs CEO David Solomon. Using a newer piece of corporate lingo, Solomon “double-clicked”—elaborated, in plain English—on the potential of AI while he was speaking on Monday’s earnings call. The need for companies and governments to finance the infrastructure and power necessary for AI technologies offered an opportunity on a “scale that is, candidly, unprecedented” …

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