BRIEF-Goldman CEO Says AI Investment Cycle Is Expanding Capital Needs - Conf Call

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Goldman Sachs Group, Inc.

GS

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- Goldman Sachs Group GS.N:

  • GOLDMAN SACHS CEO DAVID SOLOMON SAYS AI INVESTMENT CYCLE IS EXPANDING CAPITAL NEEDS BEYOND CORE TECHNOLOGY AND INFRASTRUCTURE, ENERGY, AND DATA CENTERS

  • GOLDMAN CEO SAYS DEALS BACKLOGS INCREASED TO ITS HIGHEST LEVEL IN FIVE YEARS

  • GOLDMAN CEO SAYS CLIENT ACTIVITY WAS PARTICULARLY STRONG IN ASIA, DRIVEN IN PART BY ROBUST AI CAPITAL FORMATION AND INVESTMENT

  • GOLDMAN CEO SAYS WE RAISED $31 BILLION IN PRIVATE CREDIT IN Q2

  • GOLDMAN CEO SAYS WE ARE FURTHER ACCELERATING GROWTH ACROSS ASSET AND WEALTH MANAGEMENT THROUGH TARGETED ACQUISITIONS

  • GOLDMAN CEO SAYS AI BUILDOUT IS STILL IN EARLY STAGES

  • GOLDMAN CFO SAYS SPONSOR-BACKED DEAL VOLUMES ARE STILL SUBDUED VERSUS HISTORICAL AVERAGES

  • GOLDMAN CFO SAYS EXPECT FULL-YEAR FUNDRAISING IN ALTERNATIVES TO EXCEED $125 BILLION

Further company coverage: GS.N