Source link : https://europ.info/2025/05/18/norways-oil-fund-targets-400mn-trading-cost-savings-using-ai-financial-times/
In a bold move that underscores the growing influence of artificial intelligence in the financial sector, Norway’s oil fund has set its sights on achieving $400 million in trading cost savings through innovative AI-driven strategies. As one of the world’s largest sovereign wealth funds, the Government Pension Fund Global has long been a pioneer in integrating advanced technology into its investment operations. This latest initiative aims to enhance the fund’s efficiency and profitability, reflecting a broader trend among investors seeking to leverage AI to navigate the increasingly complex dynamics of global markets.With the financial landscape evolving rapidly, the fund’s commitment to harnessing AI positions it at the forefront of this technological revolution, promising to reshape the future of investment management.
Norway’s Sovereign Wealth Fund Embraces AI to Streamline Trading Operations
In a significant move towards modernizing its trading operations, Norway’s Sovereign Wealth Fund is harnessing the power of artificial intelligence (AI) to achieve substantial savings and improve efficiency. The integration of AI technologies is expected to streamline various aspects of trading, from market analysis to risk management, ultimately targeting a reduction of approximately $400 million in trading costs. Through advanced algorithmic trading and predictive analytics,the fund aims to enhance decision-making processes and quickly adapt to fluctuating market…
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Author : Victoria Jones
Publish date : 2025-05-18 18:19:00
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