Science & Technology

419 Items

Sovereign Venture Capitalism: At a Crossroad

StockSnap/Pixabay

Analysis & Opinions - The Economist

Sovereign Venture Capitalism: At a Crossroad

| Oct. 03, 2018

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

Analysis & Opinions - War on the Rocks

Beyond Killer Robots: How Artificial Intelligence Can Improve Resilience in Cyber Space

| Sep. 06, 2018

Recently, one of us spent a week in China discussing the future of war with a group of American and Chinese academics. Everyone speculated about the role of artificial intelligence (AI), but, surprisingly, many Chinese participants equated AI almost exclusively with armies of killer robots.