Key facts
- Goldman Sachs Asset Management has launched an artificial intelligence investing platform called AlphaAI.
- The platform aims to use AI to drive investment returns in public and private markets.
- Lou D'Ambrosio will lead AlphaAI and serve as chairman of Artificial Intelligence for Asset Management.
- Marc Nachmann, global head of Goldman's asset and wealth management arm, believes AI is a force multiplier for investing.
- Darius Adamczyk will take over global leadership of the Value Accelerator business.
Goldman Sachs Asset Management has launched a new artificial intelligence investing platform named AlphaAI, signaling a strategic bet on AI's growing influence in financial markets. The platform is designed to harness AI's capabilities to enhance investment returns across both public and private market operations.