Goldman Sachs CEO David Solomon stated on November 9, 2026, that demand for artificial intelligence infrastructure financing remains robust despite recent market turbulence and investor reassessment of AI spending returns [1]. Solomon told CNBC that Goldman has been "very active" in AI capital markets deals in recent weeks and expects this activity to continue over the next two months [1]. He acknowledged that "changes in the political environment are among factors that will create recalibrations and ups and downs," but maintained his conviction in AI's long-term economic productivity benefits [1].
The CEO's comments come amid a significant selloff in AI-related stocks, including chipmakers and cloud providers, which intensified following Democratic victories in recent midterm elections, raising concerns about potential political opposition to industry expansion [1]. Solomon specifically addressed political resistance to data center construction, arguing that such infrastructure is essential to the U.S. economy and can be developed responsibly, warning that "we certainly don't want this infrastructure going to places outside the U.S., which is what will naturally happen because the demand for compute is there" [1].
Solomon's remarks carry particular significance given Goldman's role as a leading bank in Anthropic's potential IPO, which could serve as a major test of public-market appetite for AI companies [1]. When asked about the IPO, Solomon declined detailed commentary but stated that "the market environment is still pretty constructive," suggesting cautious optimism despite current volatility [1]. His emphasis on data center infrastructure as critical to forward economic growth underscores the investment banking perspective that near-term market jitters should not overshadow the sector's fundamental importance [1].
CONCLUSION
Goldman Sachs CEO Solomon's assertion of continued strong AI infrastructure financing demand provides a counterweight to recent market pessimism, though he acknowledges political and investor sentiment headwinds. His comments suggest that while near-term volatility persists, major financial institutions remain committed to AI infrastructure investment, with data center development positioned as strategically vital to U.S. economic competitiveness.