The world’s sovereign wealth funds collectively manage over $30 trillion. And they’re making a very deliberate bet: the best AI returns won’t come from buying stocks on public exchanges.
Instead, these government-backed investment giants are funneling capital into private markets at a pace that’s rewriting the playbook for institutional investing. Private market allocations across top sovereign wealth funds are projected to hit roughly 29% of assets under management by the end of 2025, up from 25% in 2020. That four-percentage-point swing, applied to a $30 trillion base, represents an enormous volume of capital migrating into deals that most retail investors will never see.
The deals tell the story
Singapore’s GIC led a $30 billion Series G investment round for Anthropic, the AI safety company behind Claude. The AI Infrastructure Partnership, backed by Abu Dhabi’s MGX and the Kuwait Investment Authority, acquired a controlling stake in Aligned Data Centers at a valuation of approximately $40 billion. Saudi Arabia’s Public Investment Fund joined a consortium that took Electronic Arts private for $55 billion.
Sovereign wealth funds are estimated to have committed around $120 billion to AI infrastructure in 2025-2026 alone. The total investment in AI build-out from these funds now surpasses $350 billion.
