Goldman Sachs is adopting a multi-model AI strategy, integrating open-source models alongside proprietary systems. The bank uses models developed by Chinese firms like Moonshot (Kimi) and Zhipu (GLM), which offer credible alternatives to proprietary Western systems. Goldman analysts point out that the decrease in open-source model costs could paradoxically boost demand for computing resources. Chris Churchman, head of the bank’s AI working group, warns against the risk of cognitive atrophy among financial professionals who rely too heavily on AI for their analyses. The bank has issued no regulatory warnings against using open models, suggesting their deployment is considered viable within its compliance framework.
Source: Read the original article

