Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee,

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

“They have to produce a lot of electricity and we will make it possible for them to get that production done very easily, at their own plants if they want,” Trump said. “At the AI plant they will build energy generation and that will be incredible.” It’s unclear if building energy operations inside an AI data center is possible in practice.

It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.

Goldman Sachs (GS) is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a

Shopify is worth $134 billion. The stock must return at least 22% for its market value to top $163 billion in 2025. Anthony Chukumba at Loop Capital has set Shopify with a target price of $140 per share. That forecast implies 36% upside from its current share price of $103.

Goldman Sachs (GS) is joining several of its investment banking peers, including JPMorgan Chase (JPM) and Morgan Stanley (MS), in launching a generative AI assistant to boost employee efficiency.

Argenti's broad prediction echoes comments last week in the CES keynote by Nvidia CEO Jensen Huang. Huang said onstage that "in the future, these AI agents are essentially digital workforce that work beside your employees, and do things on your behalf."

As Bill Gates-backed TerraPower continues building a first-of-its-kind nuclear plant in Kemmerer, Wyoming, it has struck a deal with the nation’s

AI could drive a $7 trillion increase in global GDP, lifting productivity growth by 1.5 percentage points over 10 years.

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 for ...

Announcements are expected as soon as today.