Goldman sachs technology news

Here are some recent news and updates from Goldman Sachs on technology:

Recent Investments and Partnerships:

  1. Investment in Stripe: Goldman Sachs invested $100 million in Stripe, a payment processing company, in a deal that valued the company at $35 billion. (Source: Bloomberg)
  2. Partnership with Microsoft: Goldman Sachs partnered with Microsoft to develop a cloud-based platform for financial institutions, allowing them to access a range of cloud-based services. (Source: The Financial Brand)
  3. Investment in Robinhood: Goldman Sachs invested $500 million in Robinhood, a fintech company that offers commission-free trading, in a deal that valued the company at $11.7 billion. (Source: CNBC)

Innovation and Digital Transformation:

  1. Launch of Marcus by Goldman Sachs: Goldman Sachs launched Marcus, a digital bank that offers high-yield savings accounts and personal loans. (Source: The New York Times)
  2. Development of AI-powered Trading Platform: Goldman Sachs developed an AI-powered trading platform that uses machine learning to analyze market data and make trading decisions. (Source: Forbes)
  3. Implementation of Blockchain Technology: Goldman Sachs implemented blockchain technology to improve the efficiency and security of its trading operations. (Source: Coindesk)

Hiring and Talent Acquisition:

  1. Hiring of Tech Talent: Goldman Sachs hired over 1,000 tech professionals in 2020, including engineers, data scientists, and product managers. (Source: Business Insider)
  2. Launch of Goldman Sachs' Tech Academy: Goldman Sachs launched its Tech Academy, a program designed to train and develop the skills of its technology professionals. (Source: eFinancialCareers)

Research and Analysis:

  1. Report on Fintech Trends: Goldman Sachs published a report on fintech trends, highlighting the growth of digital payments, blockchain, and artificial intelligence in the financial industry. (Source: The Financial Brand)
  2. Analysis of Cryptocurrency Market: Goldman Sachs published an analysis of the cryptocurrency market, predicting that Bitcoin could reach $100,000 in the next five years. (Source: CNBC)

These are just a few examples of the latest news and updates from Goldman Sachs on technology. The company continues to invest in and develop its technology capabilities, and is a major player in the fintech and financial services industries.