TNW

Wall Street just had its best investment banking quarter in years, and it is calling AI a super cycle

Goldman Sachs booked $3.4bn in investment banking fees in the second quarter, a record, up 55% on a year earlier. Its chief executive has a name for what is driving it. We are in the middle of an AI CapEx super cycle where there are demands on financing into every single financing instrument, in every [] This story continues at The Next Web