The Norwegian sovereign wealth fund, which is the world's largest by assets, is expanding its use of artificial intelligence technologies to manage its investments. This is all part of a strategy to get better at spotting risks early and making proactive decisions to protect its portfolio, which is worth over $2.2 trillion. The fund, officially known as Norges Bank Investment Management, recently announced an update to its responsible investment strategy. They highlighted that AI tools are now capable of finding risk indicators that traditional media or data providers might miss. These indicators include potential links between companies in their portfolio and practices like forced labor, corruption, or fraud.
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