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Open original source ↗This could send the investment bank IPO operating margin from 81% up towards 89 or even 90%. AI FTW. 👍
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Goldman Sachs CEO David Solomon did say that AI can draft 95% of an S1 IPO prospectus “in minutes” (a job that used to require a 6-person team multiple weeks). “The last 5% now matters because the rest is now a commodity,” per Solomon. https://t.co/Z0duPcDVrr
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