OpenAI's new GPT-6 Astra model can operate legacy banking systems by reading screens and inputting data like a human, offering banks a faster, cheaper alternative to replacing decades-old core systems. These legacy systems, often written in COBOL, are costly and risky to replace, with projects sometimes taking years and billions of dollars. GPT-6 Astra improves on previous AI by completing tasks in half the time, though it still finishes fewer than a third of complex jobs fully. Banks like Goldman Sachs are testing such AI agents to automate labor-intensive back-office work, potentially reducing reliance on external vendors and speeding up digital transformation without costly system overhauls.
Goldman Sachs shares are trading at USD 960.40 on Pluang as of Sep 23, 2026 03:01 WIB, showing a 1.95% gain for the day. The stock's market cap stands at $279.35 billion, reflecting its significant presence in the financial sector. Pluang users currently hold the stock for an average of 105 days, indicating moderate-term investor interest amid the bank's exploration of AI-driven automation.
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