Finance

Goldman’s New Adviser Rishi Sunak Urges Small Firms to Adopt AI

Rishi SunakSource: Goldman Sachs Group

Goldman Sachs Group Inc.’s bankers gathered at a library in Birmingham this week to guide small UK businesses on scaling up in artificial intelligence — and to warn them of the risks of ignoring the new technology.

“We have a situation where global behemoths are swallowing up small businesses or pushing them out,” said former Prime Minister Rishi Sunak, who was appointed as a senior adviser to the bank in July. “When it comes to AI, adoption is everything.”