Goldman Sachs Bets Big on AI and Blockchain
On June 23, 2025, the halls at Goldman Sachs quietly buzzed with excitement. Inside, CIO Marco Argenti sent a memo that rippled across the firm: the GS AI Assistant, a generative AI-powered copilot, is now officially live firmwide. Initially tested by around 10,000 employees, this intelligent assistant helps with everything from summarizing dense documents to data analysis and drafting content
But this isn’t just another tech rollout. Think of it as Goldman’s way of writing a new chapter in the future of finance, one driven by AI (Inteligencia Artificial), blockchain, and digital assets.
The AI Journey: From Developers to the Entire Firm
Goldman’s AI ambitions started in 2019 when Argenti, a former Amazon AWS exec, joined the firm. Over time they built out the proprietary GS AI Platform, layering on models from OpenAI, Google, Anthropic, and others.
Last year, an internal pilot unlocked the assistant for developers, where software engineers reported up to 20% efficiency gains . That success spurred this broader deployment, headed toward all 46,000 employees by year-end.
It’s not just about speed, it’s a transformation in how work gets done.
Digital Assets: Charting the Blockchain Frontier
On June 10, Goldman Sachs released insight on “Why digital asset adoption is accelerating.” They point to regulatory clarity, blockchain’s ability to enhance transparency and risk management, and the rise of stablecoins, often used today for near-instant, low-cost cross-border payments.
Importantly, Goldman highlights a surging deal flow: digital asset M&A volumes jumped from $1 billion in 2019 to $15.8 billion in 2024. That’s a fifteenfold increase in just five years, proof that blockchain and digital assets are no longer experimental, they’re gaining real traction in traditional financial markets.
AI Meets Blockchain: A Powerful Combo
Imagine integrating AI tools like GS AI Assistant with secure blockchain networks. This synergy could streamline compliance, automate smart contract reviews, and improve decision-making across asset classes, all while maintaining auditability. Goldman’s spin-out effort, GS DAP®, aims to bring blockchain-powered interoperability to capital markets.
This is where the future of finance gets exciting. AI boosts productivity, blockchain adds transparency and programmability, and digital assets open new avenues for investment and efficiency.
Why It Matters (And What’s Next)
- Productivity: Efficiency gains from AI help Goldman employees, bankers, analysts, wealth managers to work smarter and faster.
- Market Maturation: With billions flowing into digital M&A and stablecoin use exploding, Goldman positions itself at the tipping point of blockchain adoption.
- Infrastructure Evolution: Spin-outs like GS DAP® and internal AI platforms signal long-term commitment to rearchitecting finance around digital assets.
Goldman’s CEO, David Solomon, describes AI as a force that “scales engineering capabilities” and modernizes the technology stack.
The Road Ahead: A Story in Progress
- By end of 2025, all 46,000 Goldman Sachs employees are expected to use the GS AI Assistant.
- Digital asset M&A is poised to exceed $20 billion by 2025 if current momentum holds.
- GS DAP® may become an industry-owned blockchain foundation, ushering in programmable capital markets.
In Summary:
Goldman Sachs is writing a transformative story: combining AI, blockchain, and digital assets to redefine how banking is done. It’s a tale of growth, 20% gains in efficiency, fifteenfold deal volume increases, and a future where finance runs faster, smarter, and more transparently.
What this means for you:
- AI assistants could soon turbocharge your workflow.
- Blockchain and Digital Assets aren’t just buzzwords, they’re tools reshaping finance.
- The future of finance is unfolding now, and Goldman is firmly in the lead.
FAQ
Q: What is the GS AI Assistant?
A: Goldman’s proprietary generative AI tool that summarizes, drafts, analyzes, and translates—all powered by LLMs securely integrated with internal data.
Q: Why are digital assets on the rise?
A: Regulatory clarity, blockchain’s efficiency gains, and the booming popularity of stablecoins driving cross-border payment innovation.
Q: How big is digital asset M&A growth?
A: Surged from ~$1 billion in 2019 to $15.8 billion in 2024, a sign of accelerating market maturity
Q: What does GS DAP® aim to do?
A: Build a blockchain-powered, multi-jurisdictional platform for financial institutions, spinning out from Goldman while enabling broader interoperability.
Q: How will AI change finance?
A: By boosting productivity, speeding decision-making, automating routine tasks, and enabling smarter analysis, across banking, asset management, and beyond.
Q: What’s next for Goldman’s AI strategy?
A: Full firmwide rollout by year-end, broader copilot deployments like Lawyer/Banker copilots, deeper integration with digital asset platforms.
Goldman Sachs isn’t just talking about the future of finance, they’re building it.
With AI supercharging workflows and blockchain powering new asset models, we’re witnessing a financial revolution with Goldman leading the charge.
