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PIF Tightens Its Grip on Gaming and AI as Platform Strategy Becomes Explicit

19th February, 2026

This week, two developments demonstrated how Saudi Arabia’s Public Investment Fund (PIF) is reshaping its exposure to digital industries.

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GIC anchors a sovereign presence in frontier AI

13th February, 2026

Anthropic’s US$30 billion Series G financing, valuing the company at approximately US$380 billion post-money, represents one of the largest private capital raises in the technology sector to date. The round was led by GIC alongside Coatue, with MGX participating as a co-lead and a broad syndicate of institutional and strategic investors completing the allocation. Earlier, in September 2025, Anthropic had raised US$13 billion in a Series F round that included both GIC and Qatar Investment Authority (QIA), embedding sovereign capital in the company before the most recent step-change in valuation.

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xAI’s $20bn round draws sovereign capital deeper into the AI stack

8th January, 2026

Elon Musk’s artificial intelligence company xAI has raised US$20 billion in an upsized Series E funding round, underscoring how state-owned investors are increasingly treating AI not as a single venture bet, but as a strategic asset class spanning models, data and the physical infrastructure that runs them.

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Masdar in 2025: scaling a sovereign-backed renewables platform, tightening focus, and positioning for the power demand cycle

29th December, 2025

Masdar’s strategy through 2025 did not resemble a conventional corporate growth plan, but instead operated more like a state-capital buildout with the deployment of a large amount of patient capital into contracted renewables, acquisitions to secure operating platforms in priority markets, and extension into clean power and storage.

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QIA and Brookfield Push Sovereign Capital Deeper Into AI Infrastructure

10th December, 2025

Qatar’s sovereign wealth fund has joined the front rank of investors shaping where the next wave of artificial intelligence will physically live.

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KIA, Brookfield and the Rising AI Infra Club: Sovereign Wealth Funds Build the Stack

25th November, 2025

When Brookfield Asset Management unveiled a new US$100 billion programme to build out artificial intelligence infrastructure last week, one name in the press release signalled how far the balance of power in AI has shifted: the Kuwait Investment Authority.

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Maple 8’s AI Bet: Concentrated Risk, US$55bn+ Potential Losses in Crash Scenario

24th November, 2025

Canada’s big public funds are sitting on sizeable AI-linked positions in their US equity portfolios, which could result in losses of at least US$55 billion across the Maple 8 in the event of a dot-com-style crash – implying a direct hit on combined assets of around 2.5-3.0%, even before contagion effects are factored in.

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What SWF leaders are saying about the world economy

8th October, 2025

Across the biggest sovereign wealth funds, leaders have reached a common view of 2025: the world is at the beginning of a long period of uncertainty in which debt, deglobalization and geopolitics keep volatility elevated, while technology - especially AI - creates durable pockets of growth.

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Mubadala’s Public Equity Strategy: Chips, Credit, and Crypto

18th August, 2025

Mubadala’s US-listed equity footprint continues to be defined by a single, sovereign-scale anchor with a widening range of strategic investments.

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CPP’s US$1.3bn in Japanese Data Centres Is Latest Move in a Global Digital Land Grab

12th June, 2025

Canada Pension Plan Investment Board (CPP Investments) has just staked a massive US$1.3 billion on Japan’s booming data centre market, anchoring Ares Management Corporation’s US$2.4 billion Japan DC Partners I (JDC I) fund.

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Kuwait Dives Into AI: What KIA’s Backing of Microsoft-led US$30bn Strategy Really Means

6th June, 2025

The artificial intelligence arms race just gained another trillion-dollar contender. This week, the Kuwait Investment Authority (KIA), the world’s oldest and one of the largest sovereign wealth funds, announced it will become the first non-founder financial anchor in the Microsoft- and BlackRock-backed AI Infrastructure Partnership - a US$30 billion global initiative to bankroll the next generation of AI infrastructure.

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Macron Bets on the Gulf: How France Is Harnessing Saudi Arabia’s PIF for Economic Revival

20th May, 2025

With the French budget in crisis and foreign direct investment into startups falling off a cliff, President Emmanuel Macron is doubling down on his most reliable card: foreign capital from sovereign wealth giants.

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