Goldman Sachs restructures part of its technology investment banking division to focus on AI infrastructure

On December 17, according to foreign media reports, Goldman Sachs is restructuring parts of its Technology, Media, and Telecommunications (TMT) investment banking division to better seize the opportunities brought by the rapid development of the artificial intelligence industry and its supporting infrastructure. An internal memo shows that Yasmine Coupal and Jason Tofsky will jointly lead a newly established "Global Infrastructure Technology" division, which is formed by integrating the original telecommunications and CoreTech teams. Kyle Jessen will serve as the head of infrastructure technology M&A and will continue to be responsible for the semiconductor business. Another newly established division is the "Global Internet and Media" group. A Goldman Sachs spokesperson has confirmed the authenticity of the memo.