Goldman Sachs Launches Small Business AI Institute
Goldman Sachs has launched the Small Business AI Institute, according to NBC News. The initiative is part of a $500 million expansion of its 10,000 Small Businesses program.
The bank will work with Google, Anthropic, OpenAI and Meta to provide AI training and tools to small businesses.
Among more than 2,400 graduates of the small business program surveyed this year, 86% said they used AI in their businesses, compared with 56% in 2024. Only 15% said they had fully integrated AI into core operations.
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