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Sovereign Funds Pump $404 B into AI, 91% Surge.

7/10/2026

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Story summary
  • Sovereign wealth funds invested $404 billion in AI in 2026, a 91% increase.
  • AI deals comprised roughly one-third of the spending, as the United States contributed $220.4 billion and Singapore’s Temasek led with 71 deals.
  • New sovereign investors included Abu Dhabi’s MGX backing OpenAI and Qatar’s QIA with Singapore’s GIC joining Anthropic’s $13 billion round.