Goldman Sachs launches Small Business AI Institute in $500 million program expansion

NBC News reports Goldman Sachs launched its Small Business AI Institute as part of a $500 million expansion of its 10,000 Small Businesses program. Goldman says it will partner with Google, Anthropic, OpenAI and Meta on training and tools. Fortune reports CEO David Solomon called AI expensive and urged owners not to rush. In a Goldman survey, 86% of responding program graduates used AI, but only 15% said it was fully integrated into core operations.