Goldman Sachs Partners with Anthropic for AI-Powered Automation
Goldman Sachs is collaborating with technology startup Anthropic to develop AI-powered agents. This significant development, initially reported by CNBC and subsequently confirmed by Goldman Sachs, marks a strategic move by the financial giant.
The objective of these agents is to automate a range of internal functions within the bank.
Six Months of Embedded Collaboration
According to Marco Argenti, Goldman Sachs' chief information officer, this partnership has been active for the past six months. Anthropic engineers have been embedded directly within Goldman Sachs' teams.
These engineers are focused on building autonomous agents for critical operational tasks, including trade and transaction accounting, as well as client due diligence and onboarding.
Early Stages with Significant Promise
Anthropic is actively seeking broader business partnerships for products like Claude Cowork, which is specifically designed to execute computer tasks for professional workers. Goldman Sachs' current development of agents, based on Anthropic's Claude model, is still in its early stages.
However, the technology is expected to substantially reduce the time required to complete core operational processes. The bank intends to launch these agents in the near future, although a specific timeline for deployment has not yet been provided.