Norway's Wealth Fund Urges Companies to Enhance AI Competency at Board Level

Reported about 2 months ago

Norway’s $1.7 trillion sovereign wealth fund is urging companies to improve their AI knowledge at the board level to govern its use and minimize risks. Chief Governance Officer Carine Smith Ihenacho emphasized the need for boards to develop a comprehensive understanding of AI policies and their implications. She noted that the fund is particularly focused on companies in healthcare and tech sectors, advocating for responsible AI use while recognizing its potential benefits for innovation and efficiency.

Source: YAHOO

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