Norway wealth fund to use AI for investment decisions

Norway's wealth fund will eventually allow AI to make limited investment decisions under human supervision. Staff currently use AI tools to monitor risks.

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Norway's $2.1 trillion sovereign wealth fund, the world's largest, is preparing to integrate artificial intelligence into its investment decision-making processes. While the transition is underway, officials at Norges Bank Investment Management (NBIM) emphasized that human supervision remains paramount as current AI tools are still prone to errors.

The trading floor of Norges Bank Investment Management in Oslo, Norway, captured in June 2017. REUTERS/Ints Kalnins
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