{"id":604689,"date":"2026-08-26T01:36:10","date_gmt":"2026-08-26T01:36:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/604689\/"},"modified":"2026-08-26T01:36:10","modified_gmt":"2026-08-26T01:36:10","slug":"raphael-arndt-leaves-future-fund-with-a-37-billion-year-and-an-ai-warning","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/604689\/","title":{"rendered":"Raphael Arndt leaves Future Fund with a $37 billion year, and an AI warning"},"content":{"rendered":"<p>One of Raphael Arndt\u2019s first jobs when he joined the then $60 billion Future Fund in 2008 was to sell down its massive stake in Telstra, in what was one of the largest block trades in Australian history.<\/p>\n<p>On Wednesday, one of Arndt\u2019s last tasks was to announce one of the fund\u2019s best-ever years, as the <a href=\"https:\/\/www.afr.com\/link\/follow-20180101-p60rlv\" rel=\"nofollow noopener\" target=\"_blank\">14.8 per cent return in the 2026 financial year lifted the fund\u2019s value by $37.4 billion to $289 billion.<\/a><\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"One of Raphael Arndt\u2019s first jobs when he joined the then $60 billion Future Fund in 2008 was&hellip;\n","protected":false},"author":2,"featured_media":604690,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,80],"class_list":["post-604689","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/604689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=604689"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/604689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/604690"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=604689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=604689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=604689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}