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Goldman Sachs CEO Says AI Investment Demand Held Firm Amid Market Swings

Goldman Sachs has projected $125 billion in U.S. data-center construction spending in 2028.

Updated 1 min read
Investors watch an executive speak during a conference in Lower Manhattan, New York. / TokenPost.ai
Investors watch an executive speak during a conference in Lower Manhattan, New York. / TokenPost.ai

At the bank’s 25th Annual Alternative Summit on Nov. 9, CEO David Solomon said investment demand across AI infrastructure and related technology had remained resilient through recent market swings.

In earlier comments, Solomon said financial markets could support investment tied to AI and computing, while financing costs can affect the size of individual projects.

Goldman Sachs has projected $125 billion in U.S. data-center construction spending in 2028. The estimate covers building costs; Solomon’s summit remarks addressed broader investment in facilities and computing resources. EconoTimes previously covered the $125 billion 2028 data-center projection.

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