One of the world's largest sovereign wealth funds is recalibrating its approach to emerging tech investments. After aggressively deploying capital into artificial intelligence and digital infrastructure projects over recent months, the fund is now signaling a pivot toward more disciplined, selective dealmaking. The shift reflects a broader institutional reassessment—moving from the rush to capture early-stage opportunities to a more methodical evaluation of long-term value creation. This strategic recalibration could reshape capital flows across digital infrastructure and emerging technology sectors heading into 2025, particularly as institutional investors increasingly scrutinize returns and risk profiles in a maturing market.