According to BeInCrypto, Momei Qu of PSP Growth stated that Goldman Sachs and JPMorgan are becoming AI stocks as banks increasingly finance the buildout of artificial intelligence capabilities. The statement reflects Qu’s observation on how major financial institutions are allocating capital toward AI development within their operations.
Qu made this comment in reference to the role banks play in supporting AI infrastructure, including through financing arrangements for AI projects and related technology adoption. The description emphasizes that the transformation relates to how these institutions are positioned in the context of AI investment and deployment rather than a formal reclassification of their stock profile.
