sovereign wealth fund

Norway’s wealth fund hits record Bitcoin exposure

Norway's Government Pension Fund Global, the world's largest sovereign wealth fund managing approximately $2.3 trillion in assets, increased its stake in Strategy Inc. by 50% during the second quarter, pushing its total indirect Bitcoin exposure to an all-time high of…

OpenAI proposes giving U.S. government a 5% stake, FT reports

OpenAI has proposed giving the U.S. government a 5% equity stake in the company, the Financial Times reported on Tuesday, a move that would be worth approximately $42.6 billion based on the AI firm's $852 billion post-money valuation from its…