Goldman Exec Says Investors Growing More Judicious on AI
By PYMNTS
AI summary of the source article
Goldman Sachs co-head of investment banking Kim Posnett stated that weaknesses are emerging in the AI market as capital costs rise. While remaining bullish on artificial intelligence overall, she noted that investors are growing increasingly cautious.
Key facts
- Goldman Sachs co-head of investment banking Kim Posnett spoke at The Information’s WTF Summit on Tuesday, Oct. 28.
- Posnett stated that weaknesses are developing in the AI market as the cost of capital climbs.
- Posnett noted investors are growing more cautious, though she remains 'hugely bullish' on AI overall.
Source excerpt · PYMNTS
A senior Goldman Sachs executive says weaknesses are developing in the AI market as the cost of capital climbs. Speaking at The Information’s WTF Summit on Tuesday (Oct. 28) Goldman co-head of investment banking Kim Posnett argued that while she is “hugely bullish” on artificial intelligence (AI) overall, investors are becoming more cautious. “What you’re seeing is not a […] The post Goldman Exec…