Goldman Sachs made a big hire from Amazon to lead its artificial-intelligence efforts

Goldman Sachs has hired a senior employee from Amazon to run the bank's artificial-intelligence efforts. Charles Elkan has joined Goldman Sachs as a managing director leading the firm's machine learning and AI strategies, according to an internal memo viewed by Business Insider. Elkan comes from Amazon, where he was responsible for the Artificial Intelligence Laboratory at Amazon Web Services, according to the memo. He previously led the retailing giant's Seattle-based central machine-learning team. "In this role, Charles will build and lead a center of excellence to drive machine learning and artificial intelligence strategy and automation, "Elisha Wiesel, Goldman Sachs' chief information officer, wrote in the memo.