Economists at Goldman Sachs and JPMorgan report the AI boom contributed “basically zero” to US economic growth in 2025, challenging claims of up to 92% growth
Massive investment in AI contributed “basically zero” to U.S. economic growth last year, Goldman Sachs has calculated.
Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD's AI chips, the first known example of AMD chips used as debt collateral
Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD AI chips, the first known case of AMD chips used as debt collateral
Chipmaker AMD is pursuing the same growth-driving strategy that has boosted sales at rival Nvidia: lending its financial support to upstart cloud providers buying its chips.
Goldman Sachs says it has been working with Anthropic on AI agents to automate more roles at the bank, like trades, transactions, client vetting, and onboarding
Goldman Sachs says it has been working with Anthropic on AI agents to automate more roles at the bank, like trades, transactions, client vetting, and onboarding
Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number …
Apple says JPMorgan will issue Apple Card, replacing Goldman, with an expected two-year transition; sources: Goldman is offloading ~$20B in outstanding balances
Goldman Sachs is offloading the credit-card balances at a more than $1 billion discount — JPMorgan Chase has reached a deal …
Harness, which uses AI to automate code testing, verification, security, and governance, raised a $240M Series E led by Goldman Sachs at a $5.5B valuation
AI DevOps tool Harness, founded in 2017 by serial entrepreneur Jyoti Bansal, is on track to exceed $250 million in annual recurring revenue in 2025, Bansal tells TechCrunch.
Goldman Sachs: just 33 US counties accounted for ~72% of all US data center capacity as of July; buildouts like AWS' in Oregon have transformed tiny communities
David Uberti / Wall Street Journal :
Sources: Consensys, maker of crypto wallet MetaMask, plans to go public, with JPMorgan and Goldman Sachs leading its IPO; Consensys was valued at $7B in 2022
Lucinda Shen / Axios :
Goldman Sachs agrees to acquire multi-stage investment firm Industry Ventures, which has $7B in AUM, for $665M in cash and equity plus $300M tied to performance
Saeed Azhar / Reuters :