US firms ramp up AI spending, but earnings impact remains limited: Goldman Sachs
· thehindubusinessline.com
Goldman Sachs reports US firms increase AI spending, but immediate earnings impact remains limited despite rising productivity expectations. Goldman Sachs found that 11% of S&P 500 companies quantified AI productivity gains for a specific use case.
The impact of artificial intelligence (AI) adoption on US corporate earnings is expected to become more visible in the coming quarters as companies accelerate e...