Goldman Sachs has hired Daniel Marcu from Amazon.com as its global head of artificial intelligence engineering and science to help develop and refine artificial intelligence platforms and products, according to a memo seen by Reuters.

"In our view this is a correction and not the start of a sustained bear market," Goldman Sachs said. DeepSeek sparked a $1 trillion market rout on Monday.

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

Monday’s trillion-dollar stock-market wipeout will be remembered as an opportunity to scoop up shares of some of the most valuable U.S. companies at a discount, according to a team of equity strategists at Goldman Sachs Group.

Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was emerging to challenge U.S. dominance in the sector, a Goldman Sachs note said.

The Chinese startup's new model poses some serious questions about the assumptions behind AI investments. But what if that's a good thing for Big Tech?

By streamlining the diagnostic process and reducing human error, AI-powered medical imaging can help healthcare professionals make quicker, more accurate decisions, ultimately improving patient outcomes and saving lives.

DeepSeek’s breakthrough is “a wake up call” that adds to market concentration risks, Oppenheimer and team say: a reminder that benefits from any revolutionary technology don’t automatically accrue to big spenders at the start of the adoption cycle, and that competition humbles even the biggest companies.

Argenti's broad prediction echoes comments last week in the CES keynote by Nvidia CEO Jensen Huang. Huang said onstage that "in the future, these AI agents are essentially digital workforce that work beside your employees, and do things on your behalf."

Goldman Sachs has brought on board Daniel Marcu, previously of Amazon.com (NASDAQ:AMZN), to serve as its global head of artificial intelligence (AI) engineering and science, according to a Wednesday report by Reuters.

We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI stocks. In September 2024,

Peter Oppenheimer, the chief of global equity strategy and the head of macro research for Goldman Sachs in Europe, opined that the rise of tech stocks due to the AI boom was not