Momei Qu, head of venture at PSP Growth, says Goldman Sachs and JPMorgan are becoming artificial intelligence (AI) stocks. Financing and deal work tie them to the buildout, though earnings do not show it yet. Qu told Bloomberg's The Close the link shows up in how banks talk about AI, not in...
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Momei Qu of PSP Growth says Goldman Sachs and JPMorgan (JPM) are shifting towards an AI-driven approach to their financing and deal-making; reported figures don't yet support that.