Goldman Sachs CEO David Solomon said markets are in “greed” mode as AI firms like OpenAI, Anthropic and SpaceX plan trillion‑dollar IPOs.
Solomon highlighted Alphabet’s $80 billion equity raise and strong stock performance as evidence of ample liquidity for large AI offerings.
He noted Goldman Sachs is advising several of these AI IPOs and urged capital‑hungry companies to seize available funding.
Solomon warned greed could turn to fear but suggested the cycle may still be early.