Goldman Sachs‘ (NYSE:GS) CEO, David Solomon, has stated that investors are now in “greed mode”, as markets prepare for a significant fundraising wave from large artificial intelligence firms.
On Tuesday, Solomon told CNBC that there is sufficient capital for the upcoming initial public offerings (IPOs) of OpenAI, Anthropic, and SpaceX. “There’s plenty of liquidity in the system if the world continues to remain as optimistic,” Solomon said. “We are definitely in a moment where there’s more greed than there is fear.”
The remarks come as investors prepare for a surge in high-profile equity offerings, marking one of the busiest issuance periods in years. Solomon, whose bank, Goldman Sachs, is involved in several of these deals, brushed aside concerns about the market’s capacity to absorb the influx of supply.
He cited Alphabet‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) strong stock performance after announcing an $80 billion equity raise as a sign that investor appetite for AI remains robust. “The stock is trading very well,” Solomon said. “This is the first actual concrete data point for bringing something of this scale, and it’s encouraging.”
Solomon said strong market liquidity and rising wealth can support the massive fundraising wave, while AI profits could fuel further investment in new ventures.
