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Norway's Wealth Fund Embraces AI for Investment Decisions

3/24/2026

Summary

Story summary

Norges Bank Investment Management (NBIM), Norway's sovereign wealth fund, will let artificial intelligence make some investment decisions under human supervision.
Around half of NBIM's 700 employees code AI tools to assist decision-making.
Nicolai Tangen, Chief Executive of Norges Bank Investment Management (NBIM), supports AI use and says it reduces transaction costs.
The fund has invested millions in AI and has seen billions in benefits, with ongoing human oversight.

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Story summary

Norges Bank Investment Management (NBIM), Norway's sovereign wealth fund, will let artificial intelligence make some investment decisions under human supervision.
Around half of NBIM's 700 employees code AI tools to assist decision-making.
Nicolai Tangen, Chief Executive of Norges Bank Investment Management (NBIM), supports AI use and says it reduces transaction costs.
The fund has invested millions in AI and has seen billions in benefits, with ongoing human oversight.