Goldman Sachs CEO David Solomon said that there's "some possibility" the company's Apple Card partnership with Apple could end

Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon said on Wednesday.

Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses and regulatory challenges.

In a bold claim, Goldman Sachs CEO David Solomon has said that artificial intelligence (AI) can draft an IPO (initial public offering) prospectus. According to Financial Times, Solomon said that AI can accurately compile 95% of such a document.

Goldman Sachs’ CEO confirmed on a recent earnings call that the institution’s Apple Card partnership could end sooner than planned.