Goldman Sachs is collaborating with AI startup Anthropic to develop autonomous agents aimed at automating key banking functions. According to Marco Argenti, the bank’s chief information officer, they are currently focused on two areas: accounting for trades and transactions, and client vetting and onboarding. The partnership has been ongoing for six months, and while the agents are still in early stages, Argenti anticipates a rollout soon. These AI agents, based on Anthropic's Claude model, are expected to significantly reduce the time spent on these complex, process-heavy tasks. Goldman Sachs CEO David Solomon announced a multiyear plan to integrate generative AI into the bank's operations, even as the firm seeks to manage headcount growth during this transition. The bank's initial experiment with an AI coder named Devin led to the discovery that Anthropic's AI could be effective beyond coding, particularly in accounting and compliance. Argenti noted the model's strength in reasoning through complex issues, suggesting potential for similar automation across various functions within the bank. The anticipated benefits include faster client onboarding and quicker resolution of accounting issues. While Goldman employs thousands in compliance and accounting roles, Argenti mentioned that expecting job losses from AI adoption is premature. However, the bank could eventually reduce reliance on third-party service providers as the technology develops. Overall, Goldman Sachs views these AI agents as a means to enhance efficiency and improve client experiences.