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Goldman Sachs Partners with Anthropic for AI Agents in Finance
Goldman Sachs is collaborating with Anthropic to develop autonomous AI agents using Claude models for tasks like trade accounting, transaction reconciliation, and client onboarding/vetting. The six-month partnership aims to reduce processing time by handling large data volumes and applying rules/judgment. Early results show effectiveness beyond coding in compliance areas. CEO David Solomon plans multi-year AI reorganization with constrained headcount growth. The move reflects broader finance sector adoption of generative AI for efficiency, though job impacts remain a concern.
