4 hours ago
June 4 (Reuters) - Goldman Sachs expects revenue from **** eX's AI division to surge to $322 billion by 2030, up from $3.2 billion in 2025, according to the Wall Street bank's forecasts shared with a potential investor, the Financial Times reported on Thursday.
The investment bank has estimated **** eX's total revenue to reach $474 billion in 2030 from $18.7 billion last year, the report added.
Goldman has forecast revenue at **** eX's AI segment to soar 388% from a year earlier to $15.6 billion in 2026, and reach $34.5 billion in 2027, according to the report, citing a person familiar with the matter.
Goldman Sachs did not immediately respond to a Reuters request for comment. Reuters could not independently confirm the report.
The investment bank is serving as lead underwriter of the offering. Other underwriters for **** eX’s massive share sale include Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan.
The investment bank has estimated **** eX's total revenue to reach $474 billion in 2030 from $18.7 billion last year, the report added.
Goldman has forecast revenue at **** eX's AI segment to soar 388% from a year earlier to $15.6 billion in 2026, and reach $34.5 billion in 2027, according to the report, citing a person familiar with the matter.
Goldman Sachs did not immediately respond to a Reuters request for comment. Reuters could not independently confirm the report.
The investment bank is serving as lead underwriter of the offering. Other underwriters for **** eX’s massive share sale include Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan.
