Goldman Sachs puts $500M into small-business AI with four AI labs
Goldman Sachs chief executive David Solomon said there is very little that needs frontier models. Most AI-using owners in Goldman’s survey spend under $100 a month on it.
Via TNW | Artificial-intelligence
Goldman Sachs is putting $500M into the next phase of its 10,000 Small Businesses programme, including a new AI institute built with Anthropic, Google, Meta and OpenAI. At the launch, its chief executive said there is very little that needs the frontier models those partners build.
David Solomon spoke at the bank’s New York headquarters on Thursday, Nick Lichtenberg reported for Fortune, which was in the audience.
“Frontier models and how frontier models develop is going to be a very…
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