America’s track record of backing weak companies doesn’t inspire confidence in the idea of a sovereign-wealth fund.

The new robotaxi service is expected to launch in "a major U.S. city" later next year, the companies said. As part of the deal, Uber (UBER) would also invest in Lucid (LCID), whose main backer is ...

Big tech companies are expected to spend $320 billion on AI this year, with Meta and CoreWeave announcing billions in ...

NTT DC REIT’s IPO was supposed to be a shot in the arm for Singapore’s flagging equity market, decried by analysts as “lackluster” due to its lack of growth stocks and tiny number of listings. NTT’s ...

(Yicai) July 17 -- Temasek Holdings maintains a long-term optimistic outlook on China, with a focus on artificial intelligence and emerging consumer sectors, even as its exposure to the market ...

A US media outlet reported that Singapore’s sovereign wealth fund, GIC, allegedly owns over 540,000 acres—about 5 percent of Michigan’s Upper Peninsula. The report traced this ownership through a ...

The USA wants its own sovereign wealth fund. Think Norway’s oil billions or China’s trillion-dollar flex. But with no surplus cash and a mountain of debt, is this genius or just silly? We dive into ...

Elon Musk's xAI is in discussions to lease data center capacity in Saudi Arabia, Bloomberg News reported on Wednesday, citing ...