Norway wealth fund CEO Nicolai Tangen poses for a picture before a news conference held at the Norwegian central bank in Oslo, Norway January 31, 2023.
The fund invests in 9,200 firms worldwide, for which it sets expectations on a range of issues, from children's rights to climate change.
When talking to firms about responsible AI, the fund will concentrate particularly on the healthcare, finance and large tech sectors, because their use of the technology will have an especially strong impact on consumers.
"They have to take responsibility for their development and use of AI," said Smith Ihenacho, adding the fund had already discussed AI with the large U.S. tech companies in its portfolio.
In July, U.S. AI companies made voluntary commitments to the White House to implement measures such as watermarking AI-generated content to make the technology safer.
Persons:
Nicolai Tangen, Will, Tangen, Carine Smith Ihenacho, Smith, Smith Ihenacho, Gwladys Fouche, Terje Solsvik, Jan Harvey
Organizations:
REUTERS, financials, Reuters, Companies, Microsoft, Nvidia, Tech, Thomson
Locations:
Norway, Norwegian, Oslo, Victoria, financials OSLO