Goldman Sachs estimates AI will cause data centers' energy consumption to grow by 160%
Brian Singer of Goldman Sachs says that's equivalent to "adding a top 10 power-consuming country to the world's broader grid.
AI is doing 95% of the work on an IPO prospectus, Goldman Sachs CEO says
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
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Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutes
Goldman Sachs CEO David Solomon pointed out that one of the many use case of AI in banking could be to help with writing financial documents. Goldman Sachs CEO David Solomon said investment ...
The future of AI is even more fossil fuels
“They have to produce a lot of electricity and we will make it possible for them to get that production done very easily, at ...
Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies by Year-End in 2025
Shopify is worth $134 billion. The stock must return at least 22% for its market value to top $163 billion in 2025. Anthony ...
Goldman Sachs CEO David Solomon says AI can write 95% of an IPO prospectus, ‘last 5% now matters, rest is commodity’
Goldman Sachs’ CEO David Solomon said AI can write 95 per cent of an IPO prospectus accurately, and people are now required ...
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Goldman Sachs
From JPMorgan to Goldman Sachs, this is everything we know about how AI is being used in banking, from realizing productivity gains to analyzing data. Most banks have tossed marijuana testing ...
Meta backs data analytics firm Databricks as AI boom attracts investors
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the ...
Goldman Sachs wants to create AI that thinks and acts like a seasoned banker
Goldman Sachs is rolling out a Generative AI assistant to its staff in the first stage of a programme that aims to create a ...