Saudi Arabia's PIF sovereign wealth fund is expected to play a large role in the deal, according to the FT report. PIF holds an indirect interest in xAI through its stake in Kingdom Holdings Company, ...

Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence ...

Even if Gilgeous-Alexander won't reach that milestone, the NBA's richest players grow even richer. When former MLB pitcher ...

MAHATHIR MOHAMAD, Malaysia’s prime minister from 1981 to 2003 and again from 2018 to 2020, resembles other statesmen he ...

Even before the latest bonanza, Silicon Valley’s financiers had begun to experiment with changes to their investing model to ...

The White House launches America's first federal sovereign wealth fund. The initiative positions the US to compete with global government investment powerhouses.

A college investment revolution led by David Swensen minted decades of big returns by embracing illiquidity. Now the $838 bln ...

This story was supported by the Pulitzer Center’s Ocean Reporting Network, where Elizabeth Claire Alberts is a fellow. On ...

FIIs have invested $200 billion in public markets (now valued at $850 billion), their substantial allocation to illiquid ...

Political instability and funding issues are major challenges that need to be overcome, the CEO of Norway's sovereign fund ...

The deal is with NYC real estate developer Related, which is seeking to capitalize on the return to office push in the ...

Trump just signed an executive order to create the first-ever U.S. sovereign wealth fund—what does this mean for America’s ...