---
title: "SandboxAQ CEO: \"It's time that America really has a sovereign wealth fund.\" Why America should copy Norway's $2 trillion fund"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292237082.md"
description: "SandboxAQ CEO Oren Hidary advocates for the establishment of a U.S. sovereign wealth fund modeled after Norway's $2 trillion vehicle. He argues this mechanism is essential to strategically deploy federal capital into deep-tech sectors, citing recent CHIPS Act investments in IBM and GlobalFoundries as context for such strategic financial deployment."
datetime: "2026-07-09T20:03:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292237082.md)
  - [en](https://longbridge.com/en/news/292237082.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292237082.md)
---

# SandboxAQ CEO: "It's time that America really has a sovereign wealth fund." Why America should copy Norway's $2 trillion fund

Quick ReadIBM secured $1 billion and GlobalFoundries $375 million in CHIPS Act quantum foundry investments, part of $2 billion in Commerce Department incentives announced in May.Hidary argues America needs a sovereign wealth fund modeled on Norway's $2 trillion vehicle to strategically deploy federal capital into deep-tech sectors.Many financial pr...

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