Goldman Sachs Launches AI Infrastructure Financing Team Amid Tech Spending Surge
Goldman Sachs is assembling a dedicated team to finance artificial intelligence infrastructure projects, targeting data center developers and institutional investors. The MOVE comes as U.S. tech giants pour billions into AI capabilities despite growing bubble concerns.
The initiative will operate within Goldman's global banking division, which saw investment banking fees surge 42% last quarter. While fund managers increasingly warn of AI stock overvaluation, Microsoft, Amazon, Alphabet and Meta continue escalating their AI infrastructure investments.