BlockBeats news: As of January 1, a new report from Global SWF shows that the total assets under management (AUM) of global sovereign wealth funds have reached a record high of $15 trillion this year. This growth is primarily driven by gains from broad market rallies and continued heavy investments in the technology sector. Sovereign investors have already committed a total of $66 billion to AI and digitalization fields by 2025.
In this wave, wealth funds from the Middle East have been particularly active, emerging as leading forces in digital transformation: Among them, Abu Dhabi's Mubadala Investment Co. plans to invest $12.9 billion in AI and digital fields by 2025, followed by the Kuwait Investment Authority and the Qatar Investment Authority with $6 billion and $4 billion, respectively. (Jin Ten)
