Goldman Sachs is testing buyer interest in YipitData, a New York data provider backed by Carlyle, which is exploring a sale that could value it at $2.5 billion to $3 billion, Reuters reported on Augus…
Goldman Sachs projects annual AI-related capital expenditure will rise from $765 billion in 2026 to $1.64 trillion by 2031, totaling $7.6 trillion over six years, with compute hardware absorbing about…
Ode, the Anthropic-backed joint venture valued at roughly $1.5 billion, has acquired AI consultancy Casper Studios, adding capabilities in custom AI solutions, UX/UI design, and large language model d…
OpenAI CFO Sarah Friar told employees at an all-hands meeting that the company will go public in 2027, settling an internal split with CEO Sam Altman, who had pushed for a 2026 debut. OpenAI also disc…
Since the AI boom began in 2023, Amazon, Microsoft, Alphabet, and Meta have invested $1.1 trillion in AI infrastructure, with plans for another $745 billion this year, signaling a shift from asset-lig…
The Star 50 Index, dominated by technology firms with 86% of its constituents in information technology, has outperformed the CSI 300 Index by about 30% in 2026, emerging as the key gauge for China's …
Nvidia's GB300 rack draws over 180 kilowatts, equivalent to the electricity load of 60 average American homes, and US data centers consumed approximately 176 terawatt-hours (TWh) in 2025, about 4.4% o…
OKX, a cryptocurrency exchange, restricted employees in Hong Kong and those traveling through mainland China from using Anthropic's Claude model after its enterprise account was briefly suspended in e…
China's Star 50 Index, dominated by information technology firms, has become the key gauge for the country's equity market amid the AI boom, outperforming the CSI 300 Index by about 30% this year. The…
Amazon, Alphabet, Microsoft, and Meta are on track to collectively spend roughly $735 billion on AI data center infrastructure in 2026, according to Goldman Sachs estimates, with global AI infrastruct…
Goldman Sachs research shows AI is starting to slow job growth in information and communication services across major economies since 2022, with call center employment down 39% in the US, 33% in Canad…
Goldman Sachs equity strategist Ben Snider flagged in a July 17 research note that the three-month implied average stock correlation across the S&P 500 has fallen to a record low of 0.14, as hedge fun…
Crypto exchange OKX has restricted access to Anthropic's Claude AI for employees based in Hong Kong or traveling through China after its corporate account was temporarily suspended for violating geogr…
Goldman Sachs estimates that artificial intelligence could reallocate about 9% of the U.S. workforce—roughly 15 million workers—from their current positions over a 10-year transition, according to a J…
Goldman Sachs is sounding out investors for a roughly $1.15 billion junk bond to finance a data center near Richmond, Virginia, leased to CoreWeave, with the offering expected in September. The projec…
Goldman Sachs found that entry-level workers face more than three times the employment drag from AI exposure than the broader workforce, based on an analysis of over 800 occupations across developed e…
Goldman Sachs global co-head of investment banking Matthew McClure declared the IPO market 'open for business,' noting that AI-related companies have generated more than 50% of all IPO capital raised …
Goldman Sachs reports that AI usage by companies increased the US unemployment rate by 0.1%, citing 'visible but narrow AI-related labor market impacts in the US' while noting limited evidence in othe…
Goldman Sachs research shows AI-related hiring pressures are strongest among entry-level white-collar workers, with a 10% occupational exposure to AI associated with a 0.1 percentage point drag on ann…
Nvidia and Wall Street firms including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are working to raise $500 billion to turn compute into an investable asset class, according to …