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Goldman’s Solomon Sees ‘More Greed than Fear’ in AI Market
Solomon said abundant liquidity is supporting huge AI fundraising rounds and potential trillion-dollar listings as Goldman helps underwrite several deals.
On Tuesday, Goldman Sachs CEO David Solomon said financial markets have shifted into a period of investor "greed" as artificial intelligence companies prepare to seek billions in funding through stock sales and initial public offerings.
Data centers, chips, and energy needs have turned AI into a capital-intensive business, forcing major technology companies like Alphabet to plan an $80 billion equity raise to fund infrastructure expansion.
Goldman holds a 29% market share of mergers-and-acquisitions advisory in 2026, according to Bloomberg, while the bank's president, John Waldron, reported an almost $300 billion lead in the league table last week.
Solomon noted "there's plenty of liquidity in the system" to support major offerings from OpenAI, Anthropic, and SpaceX, despite investor concerns about absorbing the total supply.
While warning that "greed can turn into fear very quickly," Solomon suggested the market remains in the early stages of the current investment cycle for AI-related ventures.