Building AI Systems for Capital Markets – Goldman Sachs Exchanges

Market views

Bullish

AILABS— Strong belief in continued AI scalability and progress driven by transformer architecture, scaling laws that justify trillion-dollar infrastructure investments, and the ability to automate AI R&D itself, creating a self-reinforcing cycle of improvement.
INFRA— Scaling laws justify massive infrastructure investment with trillion-dollar data centers becoming viable as experiments at small scale can be reliably scaled up 10 orders of magnitude.

Not investment advice.