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Fortune
Fortune
Business
Nick Lichtenberg

Exclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year

solomon (Credit: Michael Nagle/Bloomberg via Getty Images)

Goldman Sachs CEO David Solomon says artificial intelligence will “probably” reduce the number of people his firm hires in the coming years. His 2026 intern class tells a more complicated story.

The bank accepted fewer than one in 100 applicants for its summer internship program this year, maintaining a sub-1% selection rate for the third consecutive year, according to data shared exclusively with Fortune. The class of 2,500 interns — drawn from more than 500 universities, representing over 90 nationalities and speaking 70-plus languages — arrives at Goldman at a moment when its chief executive is publicly wrestling with one of Wall Street’s most consequential questions: what does the rise of AI mean for young workers?

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