3 days ago · The explosion in interest in generative artificial intelligence has resulted in an arms race to develop the technology, which will require many high-density data centers as well as much more electricity to power them.. Goldman Sachs Research forecasts global power demand from data centers will increase 50% by 2027 and by as much as 165% by the end of the decade (compared with 2023), writes ...

Jan 21, 2025 · 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 ...

4 days ago · Goldman Sachs has announced its "GS AI assistant" has begun to roll out to around 10,000 employees as part of their long term push to introduce AI "employees", says Futurism. The AI assistant will be tasked with summarizing and proofreading emails, as well as translating code between programming languages, says Goldman chief information officer ...

Goldman Sachs Talks; Macroeconomics; More + Subscribe to Briefings Our weekly newsletter with insights and intelligence from across the firm. arrow_forward. By submitting this information, you agree to receive marketing emails from Goldman Sachs and accept our privacy policy. You can opt-out at any time.

May 13, 2024 · Goldman Sachs Research predicted last year that generative AI could boost GDP and raise labor productivity growth over the coming decade. Since publishing that outlook, investment in generative AI has boomed, but it will take time for the technology to filter into the overall economy.

Goldman Sachs will finish rolling out its first generative artificial intelligence tool—for code generation—to thousands of developers across the company by the end of the month.

Jan 3, 2025 · With the world’s biggest companies racing to build the most sophisticated artificial intelligence, questions about how far and how fast the technology can be scaled are coming into focus, according to Goldman Sachs Research. The advent of generative AI (gen AI) has created a surge of excitement about the future of the technology.

Mar 31, 2023 · If generative AI lives up to its hype, the workforce in the United States and Europe will be upended, Goldman Sachs reported this week in a sobering and alarming report about AI's...

Jun 27, 2024 · The promise of generative AI technology to transform companies, industries, and societies is leading tech giants and beyond to spend an estimated ~$1tn on capex in coming years, including significant investments in data centers, chips, other AI …

Oct 10, 2024 · Goldman Sachs Research noted from their meetings in Silicon Valley that nearly all enterprises are aiming to put Gen AI into production in 2024 and that the integration of Gen AI in the operational workflow could begin to occur in 2025.