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.
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 ...
Goldman Sachs’ David Solomon tells startups to reconsider going public
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs -- where banks are paid many millions of ...
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Goldman Sachs chief David Solomon questions start-ups’ need to list
Goldman Sachs chief David Solomon has warned private companies to take ... are getting pushed out,” said Solomon at the Cisco AI Summit in Palo Alto. “If you are running a company that’s working and ...
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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 ...