BlockBeats News, October 17th, according to The Wall Street Journal, Goldman Sachs (GS.N) is intensifying its efforts to enter the hot market of data center and other infrastructure financing, aiming to gain a larger share in the artificial intelligence boom. Sources familiar with the matter revealed that Goldman Sachs is forming a dedicated team within its global banking and markets division, focusing on global infrastructure financing business, which includes both increasing lending in this area and finding investors for this debt. This move is driven by a new wave of multi-billion-dollar deals involving artificial intelligence data centers, their massive energy requirements, and financing for the processing units that support AI development. The new team will also focus on traditional infrastructure construction or upgrade projects in developed and emerging markets. In addition, the new team will be responsible for raising funds for renewable energy and certain types of liquefied natural gas projects, as well as financing military and other equipment related to the rise in defense spending in various countries.
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