The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The fund marginally outperformed its benchmark. Norges Bank Investment Management (NBIM), which manages Norway’s Government Pension Fund […]<br /> This story continues at The Next Web [...]
Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, has withheld its vote on the reappointment of John Elkann to Meta’s board of directors. The fund said it belie [...]
There is now overwhelming support in the US for AI firms to contribute to a sovereign wealth fund designed to redistribute wealth to working class Americans. [...]
Less than a week after completing the largest tech IPO of 2026, Cerebras Systems is making its most aggressive play yet to dominate the fast-growing AI inference market. On Monday, the Sunnyvale-based [...]
OpenAI is building its first European AI "gigafactory" in Norway, a move that fits into the company's ongoing global expansion. The project, called Stargate Norway, is intended to give [...]