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  "path": "/story/26/02/20/2134238/goldman-sachs-launches-ai-free-index?utm_source=rss1.0mainlinkanon&utm_medium=feed",
  "publishedAt": "2026-02-20T23:27:56.159Z",
  "site": "https://news.slashdot.org",
  "tags": [
    "money",
    "Read more of this story"
  ],
  "textContent": "Goldman Sachs has launched an \"S&P ex-AI\" index (SPXXAI) that tracks the S&P 500 stocks not related to AI, offering investors a way to \"hedge their exposure to the AI trade,\" reports Axios. From the report: \"Excluding 'AI enablers' from the passive benchmark would eliminate the noise introduced by the AI hype,\" Louis Miller, head of the firm's equity custom basket desk, wrote in a note to clients about the new index. The ex-AI index is a compilation of all the stocks in the S&P 500 that are not related to AI, also referred to as old-economy stocks. It's available exclusively to Goldman customers, created in collaboration with S&P Dow Jones Indices. Taking all the AI out of the S&P doesn't leave much behind, as AI companies make up ~45% of the index, according to the note. Over the last three years, the S&P 500 is up 76%. The ex-AI index is only up 32% in that same time period.\n\n \n\nRead more of this story at Slashdot.",
  "title": "Goldman Sachs Launches AI-Free Index",
  "updatedAt": "2026-02-20T23:20:00.000Z"
}