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Norway’s $2.3 trillion wealth fund has withheld its vote on John Elkann’s reappointment to Meta’s board, citing insufficient time commitment due to his roles at Stellantis and Exor.
Nscale has secured $790 million in debt financing to expand its AI data center in Narvik, Norway, supported by major Nordic financial institutions.
Norway plans to ban social media for children under 16, shifting age verification responsibility to platforms. The move aligns with global trends toward stricter child protection online.
Norway's $2.2 trillion sovereign wealth fund posted a 1.9% loss in Q1 2026, driven by a steep decline in U.S. technology stocks. The fund marginally outperformed its benchmark despite the downturn.
