Goldman Sachs opened a new office in Bellevue, Washington, on Sept. 8 as a dedicated engineering hub for more than 125 employees working on AI (artificial intelligence) and cloud transformation. The move comes as companies across the United States increase AI investment in pursuit of operational changes and productivity gains. CEO David Solomon said the Pacific Northwest offers strong engineering schools and a deep talent pool, making recruitment central to the firm’s adaptation and growth. Goldman said more than 12,000 engineers represent roughly one-quarter of its global workforce and develop technology supporting its businesses.