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World’s largest sovereign wealth fund backs push for Google oversight use of its cloud, AI tech

Summary by Fortune
Alphabet shareholders are set to vote on Friday on a resolution that calls for greater transparency over the risks posed by government use of Google’s cloud and AI technology. The vote has gained momentum after Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund, announced it will back the proposal against Alphabet management’s wishes. The resolution, known as Proposal 11, is being backed by a coalition of more th…

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Fortune broke the news in New York, United States on Thursday, June 4, 2026.
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