Thursday, July 24, 2025

"Norway's $2 trillion wealth fund ran a 12-month AI experiment"

 From Karl Mehta's X feed:

And via threadreader:

BREAKING: Norway's $2 trillion wealth fund ran a 12-month AI experiment.

They gave Claude access to their entire investment workflow.

Result: 213,000 hours saved. 20% productivity boost.

But what they found hiding in the data changed everything:
A Thread 🧵

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Meet Nicolai Tangen, CEO of NBIM - the world's largest sovereign wealth fund.

700 employees managing $2 trillion in assets.

In 2022, he made a strategic decision that would reshape their entire operation.

But first, he had to address significant organizational resistance...

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Tangen began systematically advocating for AI adoption across his 670-person team.

The challenge? Most investment professionals viewed AI as potentially disruptive to established workflows.

Traditional analysts were spending days on tasks that seemed impossible to automate.

Then Claude was introduced...

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.... The first major breakthrough came with their Snowflake data warehouse integration.

Portfolio managers could suddenly query complex datasets using natural language.

What previously required technical SQL expertise now took seconds.

But this was just the initial phase... 
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Next, they implemented automated earnings call analysis.

Claude could process hours of executive commentary and extract key insights efficiently.

Risk managers were analyzing significantly more companies in the same timeframe.

Meanwhile, something important was happening behind the scenes...
NBIM monitors news for 9,000 companies across 16 languages.

Before Claude: Teams of analysts, days of manual work.
After Claude: Minutes of automated analysis with structured insights.

The efficiency gains were substantial, but they discovered an unexpected pattern... 
....MUCH MORE