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AI, Goldman Sachs and IPO
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.
AI can draft 95% of IPO prospectus: Goldman Sachs CEO
In a bold claim, Goldman Sachs CEO David Solomon has said that artificial intelligence (AI) can draft an IPO (initial public offering) prospectus. According to Financial Times, Solomon said that AI can accurately compile 95% of such a document.
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 for the last 5 per cent of the report.
3d
Managing AI agents as employees is the challenge of 2025, says Goldman Sachs CIO
Argenti's broad prediction echoes comments last week in the CES keynote by Nvidia CEO Jensen Huang. Huang said onstage that ...
7d
How AI Revolution Is Driving 200,000 Layoffs On Wall Street
Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...
2h
on MSN
The Goldman Sachs Group, Inc. (GS): Why This Mega-cap Stock Could Continue Surging Post 52-week Highs
We recently compiled a list of the 10 Mega-Cap Stocks That Could Continue Surging Post 52-Week Highs. In this article, we are ...
Opinion
cryptonews
8h
Opinion
Opinion: Blockchain and AI Are Changing Music Forever—And That’s Good News for Artists
Can AI and blockchain fix music's biggest challenges? From fair royalties to artist empowerment, this op-ed explores how ...
8d
3 Artificial Intelligence (AI) Stocks to Buy in 2025 and Hold for the Rest of the Decade
It's only been two years since artificial intelligence (AI) hit center stage on Wall Street. However, think about the internet and how, a few decades since its earliest years, it's still growing and ...
5d
Goldman Analysts Have Named This Tech Stock (ANET) As A Top Pick For 2025
If you're like most investors, your ear is always to the ground looking for hot stock tips. It's hard to imagine a hotter tip ...
10d
on MSN
Goldman Sachs analyst revisits AMD stock price target as slump extends
Goldman Sachs analyst Toshiya Hari noted the group's recent advances in a note that lowered both its rating and price target ...
3d
on MSN
Goldman sees upside for Arista stock with AI networking leadership and cloud growth
Goldman Sachs maintained a Buy rating on Arista Networks (NYSE:ANET) stock with a steadfast price target of $135.00. The ...
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