Tag

#investment banking

3 articles

Wall Street just had its best investment banking quarter in years, and it is calling AI a super cycle

Goldman Sachs reported record investment banking fees of $3.4 billion in Q2, driven by a surge in AI-related capital spending. CEO David Solomon attributes this to a new 'AI CapEx super cycle.'

Jul 1527

OpenAI is hiring an investment banker to teach its AI the job

OpenAI is hiring an investment banking expert to help train its AI in enterprise finance, signaling a move toward more specialized AI applications.

Jul 731

business

500 investment bankers review AI outputs and find none ready for client delivery

A benchmark involving 500 investment bankers reveals that leading AI models like GPT-5.4 and Claude Opus 4.6 are not yet reliable enough for client-facing work, though many bankers see potential for AI as a drafting tool.

Apr 2666