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Indonesia launches US$20B sovereign wealth fund with focus on AI and tech

e27 Logoe2711h ago

Indonesia launches US$20B sovereign wealth fund with focus on AI and tech - e27

Quick Summary:

The government of Indonesia has officially launched its new sovereign wealth fund, Daya Anagata Nusantara Indonesia (Danantara Indonesia), with a massive US$20 billion earmarked for its initial investment phase.

President Prabowo Subianto unveiled the fund, also known as Danantara Indonesia, at a formal ceremony.

Artificial intelligence development: Specific projects in AI are set to receive funding, signalling Indonesia’s ambition to become a key player in the AI landscape.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 06:46:20 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 1 lines

Sentence Length: 281 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 26366481

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About e27

e27 Logo

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 18 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 10 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #10

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  • News ID: #26366481
  • URL: https://beamstart.com/news/indonesia-launches-us20b-sovereign-wealth-17403803

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