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The Latest Breaking News from the Qatar investment Authority

What's not to love about a sovereign wealth fund? Gulf states' SWFs, which control roughly $6 trillion in assets, are no longer mere investment vehicles. They have become tools of statecraft, transforming kingdoms and emirates into power brokers and benefactors. Alongside splashy spending on sports and luxury retail -- Saudi…

Bangkok Post

Builder.ai Collapses: $1.5bn 'AI' Startup Exposed as 'Actually Indians' Pretending to Be Bots

Builder.ai, once a $1.5 billion 'AI' startup backed by Microsoft and QIA, is filing for bankruptcy. A lender seized $37M, crippling operations.

International Business Times UK

Bottas: It’s “ironic” that Sauber F1 improvement has come so late

Valtteri Bottas has hailed the effect of his Sauber team’s latest upgrades on car performance after qualifying 13th for the Qatar Grand Prix and finishing 12th in the sprint event – but acknowledged the improvement has come rather late for him.Bottas is out of an F1 race drive next year…

Motorsport

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Here’s What to Make of Big-Money Moves on SoFi Stock

A notable development in SoFi stock sees Qatar’s fund selling its stake, while the CEO purchases approximately $797k worth of shares shortly after. These contrasting actions reflect varying outlooks on SoFi’s future prospects and its competitive positioning in the financial market.

Barchart

Abu Dhabi sovereign wealth fund Mubadala said to consider buying Heathrow stake

If Mubadala buys into Heathrow, it would become the airport’s third Gulf state-backed shareholder alongside PIF and the Qatar Investment Authority

Evening Standard

Qatar Investment Authority is buying a stake in Monumental Sports & Entertainment, AP source says

A person with knowledge of the sale tells The Associated Press the Qatar Investment Authority is buying a roughly 5% stake of Monumental Sports & Entertainment as part of a $4.05 billion deal

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Mansour Bin Zayed Al Nahyan

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Stuart Codling

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