Biden Aides Working on Proposal for US Sovereign Wealth Fund
Top aides to President Joe Biden have been crafting a proposal to create a sovereign wealth fund that would allow the US to invest in national security interests including technology, energy, and critical links in the supply chain, according to people familiar with the effort.
Exclusive: Chinese entities turn to Amazon cloud and its rivals to access high-end US chips, AI
State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U.S. chips and artificial intelligence capabilities that they cannot acquire otherwise, recent public tender documents showed.
Goldman Investment Arm Joins Firms Quitting Major Climate Club
The asset management unit of Goldman Sachs Group Inc. has walked away from the world’s biggest climate alliance for investors, marking the latest in a string of similar defections amid continued Republican Party attacks on green finance.