the “Public Wealth Fund
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
Saudi wealth fund replaces foreign CEOs with locals
Public Investment Fund focuses on domestic investments ahead of country hosting 2034 World Cup
After talks with Trump admin, Sam Altman may donate equity in OpenAI to the US govt
OpenAI CEO Sam Altman is reportedly in talks with the Trump administration over a proposal that could give the US government a stake in the company. As part of the discussions, OpenAI may donate some of its shares to seed a public wealth fund, a report claims. According to a CNBC report, Altman is in ongoing discussions with the Trump administration over a potential arrangement in which the artificial intelligence (AI) company would donate equity to the US government.
SpaceX IPO Draws Billions in Orders From Middle East Funds
Deals SpaceX IPO Draws Billions in Orders From Middle East Funds Gulf wealth funds have put in orders for shares worth several billions of dollars in SpaceX’s initial public offering, according to people familiar with the matter, the latest indication of the region’s ambitions to continue playing a lead role in bankrolling the global artificial intelligence buildout. Saudi Arabia’s Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to...
What we know about the plan to give Americans an equity stake in AI
OpenAI has proposed a sovereign-wealth-style fund to ease public anxiety about the impact of artificial intelligence
Bernie Sanders to Americans: AI companies stole your data, you should own 50% stocks
Senator Bernie Sanders has announced a new legislation aimed at taking half of the control of the artificial intelligence (AI) boom away from Silicon Valley billionaires and handing it directly to the American public. Arguing that AI companies built their empires on 'stolen' data, Sanders plans to introduce the American AI Sovereign Wealth Fund Act, a bill that would levy a one-time 50% tax on the stock of the nation's largest AI firms to establish a public fund. "The creative work of...
Uncle Sam considers buying a seat on the Titanic
The US government is reportedly weighing whether to take a financial stake in AI companies, which looks a bit like negotiating for a seat on the Titanic. Neither OpenAI nor Anthropic, the marquee brands in US AI, are profitable yet. While Anthropic may be nearer to that point if its accounting survives scrutiny, OpenAI's $1.4 trillion in financial commitments over the next eight years have been interpreted as a red flag for investors.
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14 BRUSSELS, June 10 : Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery, backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny, according to a European Commission filing. The U.S. entertainment giant sought EU approval under its Foreign Subsidies Regulation, which targets unfair foreign state aid, on Tuesday. The Commission, which acts as the EU competition enforcer,...
Trump administration, OpenAI discussing possible government stake in the AI startup
OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday. The discussions have been in progress for more than a year, as Altman first shared the idea with the Trump administration in 2025, according to a source familiar with the matter who asked not to be named because the details are confidential. The talks continued this week as Altman met with a range of lawmakers and officials in...
Will SpaceX's IPO fund life on Mars — and a trillionaire?
SpaceX is launching history's biggest public listing, propelling Elon Musk's wealth into the stratosphere. DW explores whether the firm's out-of-this-world ambitions are truly cosmic or another black hole for investors.
The Trump administration is reportedly in talks about taking a stake in OpenAI
The Trump administration is reportedly in talks about taking a stake in OpenAI Details for a potential deal haven’t been finalized yet. OpenAI could be the latest tech company that the US government takes a stake in. As first reported by NOTUS, "senior US officials" have had discussions with AI companies about potentially acquiring stakes in their firms.