Goldman Sachs
Technology
OpenAI boss admits he was wrong about how fast AI would take jobs
When GPT-4 launched in 2023, Sam Altman expected a rapid, visible restructuring of white-collar work. Businesses would retool, roles would vanish, whole sectors would be remade faster than regulators or HR departments could track.
Work
Goldman Sachs says AI is already cutting 16,000 US jobs a month
Goldman Sachs Research has put a monthly figure on what was, until recently, largely a matter of conjecture: AI has shaved roughly 16,000 jobs a month from US payroll growth over the past year, enough to push the unemployment rate up by about 0.1 percentage points.
Technology
Anthropic launches Ode to embed Claude in mid-market firms
Anthropic launched Ode on 4 May 2026 alongside three of Wall Street's heaviest hitters: Blackstone, Hellman & Friedman and Goldman Sachs.
AI
SoftBank's $40 Billion Loan Signals OpenAI IPO Coming This Year
SoftBank has secured a $40 billion loan from JPMorgan, Goldman Sachs, and four Japanese banks to fund its $30 billion commitment to OpenAI.
Federal Reserve
Markets Price 52% Chance Fed Will Raise Rates on Inflation Surge
Futures markets shifted to pricing a 52% probability of a Federal Reserve rate hike by year-end, the first time odds have crossed 50%. Import prices jumped 1.3% in February, export prices rose 1.5%, and oil topped $110 per barrel.
AI
Anthropic Eyes $60B IPO in October
The Claude maker is in early talks with Goldman Sachs, JPMorgan, and Morgan Stanley. At $60 billion, it would dwarf OpenAI's expected offering later this year.