European technology companies gain advantage in AI development over U.S. giants, Goldman Sachs projects

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Parshwa Turakhiya

24.03.2026

European technology companies gain advantage in AI development over U.S. giants, Goldman Sachs projects — Goldman Sachs: Europe leads AI apps

U.S. hyperscalers have held the spotlight in the artificial intelligence sector, but European firms may hold a significant edge in AI application development, according to Goldman Sachs Global Banking & Markets.

This perspective was shared as part of the company's Disruptive Technology Symposium, where experts evaluated the strategic positioning of global technology players. Goldman Sachs suggests that while U.S.-based hyperscalers lead in infrastructure, European innovators could drive the next wave in AI applications due to unique strengths in specialized development.

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Goldman Sachs analysts previously highlighted that the recent software stock selloff presented opportunities for long-term investors. In the private credit sector, James Reynolds of Goldman Sachs Asset Management stated that the market remains robust with strong fundamentals and a growth focus, according to a recent outlook. These views show continued attention to growth sectors across technology and finance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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