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.
Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutes
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
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 ...
Cowboy State Daily45m
Kemmerer Officials Hope TerraPower Deal Could Attract AI Data Center
As Bill Gates-backed TerraPower continues building a first-of-its-kind nuclear plant in Kemmerer, Wyoming, it has struck a ...
Stargate Project: groundbreaking AI infrastructure or empty hype?
Donald Trump announces the $500 billion "Stargate Project" to position the US as the global leader in artificial intelligence ...
Interesting Engineering on MSN20h
Rise of the machines? The data behind AI’s impact on high-skilled jobs
AI could drive a $7 trillion increase in global GDP, lifting productivity growth by 1.5 percentage points over 10 years.
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 ...
Business Insider5d
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 ...
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 ...