The world’s largest sovereign wealth fund is reportedly using artificial intelligence to analyze climate impacts across its $2 trillion portfolio. Meanwhile, energy experts suggest the power demands of AI data centers may exceed global capacity for decades, driving investment in alternative energy solutions.
AI-Driven Climate Strategy
Norway’s $2 trillion sovereign wealth fund, the world’s largest, is reportedly deploying artificial intelligence to protect its massive portfolio from climate-related risks, according to sources familiar with the strategy. The fund’s CEO Nicolai Tangen told Bloomberg that AI has become a “real game-changer” for transforming “mountains of information into clear insights that we can act on immediately.”