Goldman Sachs AI Infrastructure Outlook: - $META $ORCL $GOOGL $MSFT $AMZN ➤ Projects five largest US hyperscale cloud providers will increase AI infrastructure spending 54% by 2027 to $1.2 trillion, above Wall Street expectations ➤ Expects Amazon, Alphabet, Microsoft, Oracle and Meta to spend $800 billion on AI infrastructure this year ➤ Says hyperscale cloud providers need roughly $300 billion of annual AI revenue to reach breakeven ➤ Rising funding requirements and infrastructure constraints could dampen future spending growth

Goldman Sachs’s Lindsay Rosner says the bank’s asset management arm is underweight on the biggest artificial intelligence borrowers as a flood of issuance washes over the market

Goldman Sachs now expects global data center capacity to reach 217GW by 2030, up from 168GW previously. It also raised: 2025-30 power demand growth: 117% → 170% 2030 behind-the-meter power: 40GW → 67GW

GOLDMAN SACHS RAISES BRENT OIL FORECAST TO $85 Goldman Sachs raised its December Brent crude forecast to $85 a barrel as energy prices climb across Asia-Pacific. The Iran war and Strait of Hormuz closure have tightened supplies, pushing LNG and diesel prices to yearly highs. Higher energy costs are lifting inflation forecasts, although subsidies and regulated prices are limiting the impact on consumers. Core inflation remains relatively contained, with inflation trends varying across regional economies.

Goldman Sachs has emerged as the lead bidder to acquire a credit manager that oversees $37 billion as the bank revs up its dealmaking pace.  Sridhar Natarajan reports

Goldman Sachs rejected him. Now he’s their President. John Waldron joins Inside Blackstone and shares how a liberal arts background—and a failed financial modeling test—shaped his path. Watch the full episode: