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Goldman Sachs rolls out AI assistant across workforce

  • Goldman Sachs has launched GS AI Assistant for its 46,000 employees to boost productivity.
  • The AI assistant uses large language models like GPT-4 and Google's Gemini.
  • It assists in tasks like drafting research notes, replying to queries, and translating documents.
  • Employees in the pilot program reported increased efficiency and time-saving benefits.
  • The tool is integrated into Goldman Sachs' proprietary software for easy access to firm-specific knowledge.
  • The AI assistant rollout aims to enhance the productivity of various personnel at the bank.
  • Other AI tools in Goldman Sachs' toolkit include Banker Copilot and Translate AI.
  • Goldman Sachs' move follows a trend of financial institutions implementing AI to streamline operations.
  • Firms like Morgan Stanley and JPMorgan Chase are also investing in similar AI tools.

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