Tag: CIO
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Danantara’s Investment Objectives Differ from INA’s, According to CIO
Danantara, the second sovereign wealth fund in Indonesia, led by CIO Pandu Sjahrir, is designed to complement INA without overlap. Managing $900 billion, it focuses on job creation and economic development, contrasting with INA’s $10 billion, which targets high-return investments. Danantara seeks to support the private sector and mitigate risks typical of venture capital, emphasizing…
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Evaluating Overspend in AI: Strategies for Recovery and Success
The article discusses the risks associated with overspending on AI technologies, highlighting the need for companies to measure ROI effectively. With costs rising from hiring AI experts and developing internal teams, firms must determine optimal spending limits and strategies for recovery if investments do not yield expected results. In the competitive landscape of artificial intelligence…