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Story summary
- Goldman Sachs CEO David Solomon announced a $500 million Small Business AI Institute.
- The institute adds $500 million to the 10,000 Small Business program, which has graduated nearly 20,000 owners.
- Anthropic, Google, Meta and OpenAI will deliver training, workshops, research and tools to small-business owners.
- Solomon warned owners to prioritize ROI because AI costs are high and most small business don’t need frontier models.