Goldman Sachs Implements AI for Code Writing and Valuable Chatbot Start-Up Gains Funding

Goldman Sachs is testing generative AI tools to help its developers automatically generate and test code. The technology is currently in a "proof of concept" stage and not yet ready for production. The bank's interest in generative AI products comes despite pushback from some banking giants on the use of ChatGPT internally. Goldman's innovation chief stressed that AI should not be considered a replacement for software developers, but more of a companion to help them be more productive.