Sam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there
Fortune Catherina Gioino
Sam Altman said he was peer pressured into accepting a Goldman Sachs internship offer while still in college, then turned it down and instead pursued Loopt and later Y Combinator. He said Goldman’s intern class acceptance rate is now below 1%. Now OpenAI is recruiting 100+ former investment bankers to train AI models for financial modeling and to automate junior-bank tasks, reflecting a shift toward AI-native finance roles.
Why it matters
Two decades after his application to the bank, OpenAI is recruiting Wall Street veterans and teaching AI to do the work of junior bankers.
