Goldman Revamps Tech Banking Group as AI Infrastructure Booms

Goldman Sachs Group Inc. is reorganizing some of its technology, media and telecom investment-banking group as the artificial intelligence industry — and all the infrastructure that serves that business — takes off.

Yasmine Coupal and Jason Tofsky will lead a new global infrastructure technology sector, built from its telecom and CoreTech groups, according to a memo seen by Bloomberg News. Kyle Jessen will become head of infrastructure technology M&A, and will also remain head of semiconductor coverage.