The Kuwaiti sovereign wealth fund becomes the first non-founder financial anchor investor to join the company formed by MGX, Microsoft and BlackRock ...

Kuwait Wealth Fund Joins Microsoft-Backed $30 Billion AI Venture. Kuwait’s sovereign wealth fund is joining a Microsoft Corp.-backed initiative to bankroll $30 billion in artificial intelligence ...

The “AI Infrastructure Partnership” (AIP) was founded in September last year by BlackRock, with participation from Microsoft and Abu Dhabi-backed investment company MGX. It aims to fund data centers ...

China has attracted a growing influx of capital from Middle Eastern investors seeking to diversify their US-heavy portfolios ...

Gulf sovereign wealth funds are projected to manage assets totalling $18 trillion by 2030, ... Institutions such as ADIA and KIA have become significant shareholders in Chinese A-Share listed firms.

The Kuwait Investment Authority is joining a Blackrock-led plan to invest up to $100 billion in data centers for artificial intelligence. The $1 trillion KIA will become a “financial anchor investor” ...

The guy who invented the electric hypercar, bought Bugatti, and is launching a Croatian auto industry presents: the little, ...

South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds as part of its ...

Private-equity funds have long played a dominant role in providing outside capital for independent wealth management firms. But as registered investment advisor firms get bigger, approaching or ...

Money-laundering charges against Najib Razak were dropped because of prosecutorial delays, intensifying criticism that he was being treated leniently. By Zunaira Saieed Shares of the company, CATL ...