Goldman Sachs has set up a facility in India to train both engineers and non-engineers in generative artificial intelligence (GenAI) to explore the usage of the technology in its businesses.
Since 2006, Goldman Sachs has invested more than $7 billion in India. Starting off as a support function, the Indian operations have now become the second largest for Goldman Sachs globally.
“In 2024, we aim to train over 1,000 non-engineering business users across Bengaluru and Hyderabad offices in India … They include individuals across operations, controllers, treasury, sales, research and investment banking,” Gunjan Samtani, global chief operating officer of engineering at Goldman Sachs, told ET.
The school was piloted in mid-2023, under which the global financial services major trained employees across asset and wealth management, risk management, global banking and markets functions.
It aims to have more than 4,000 employees trained in AI, said Samtani, who is also the country head for Goldman Sachs Services India.
About two decades ago, it set up Goldman Sachs Services India in Bengaluru as one of its global capability centres and now has over 8,500 employees working out of its Bengaluru and Hyderabad offices, representing about 18% of the total global