The article discusses how artificial intelligence (AI) is transforming the dealmaking process on Wall Street, with major banks like Goldman Sachs and Bank of America exploring AI tools to streamline tasks and gain a competitive edge. AI startup Axom Partners has developed an AI platform that can analyze complex financial data and legal documents, potentially reducing the workload for junior bankers. While AI promises efficiency gains, bankers are concerned about the impact on traditional roles and the need to adapt. The article highlights the potential for AI to disrupt the lucrative mergers and acquisitions (M&A) advisory business, which has long relied on armies of analysts and associates. However, senior bankers believe AI will augment human expertise rather than replace it entirely. The article concludes that as AI capabilities advance, Wall Street firms must embrace the technology or risk falling behind in the rapidly evolving dealmaking landscape.