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 ...
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Trump’s $500 billion AI datacenter project expected to be powered by solar
Solar and batteries constructed by Softbank’s SB Energy are expected to power at least part of the Stargate project, ...
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 ...
How to conquer imposter syndrome in the age of AI
AI isn’t about replacing CEOs—it’s about empowering them with instant analysis, deeper insights, and more time for ...
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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 ...
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 ...