With more than $50 billion under management, Harvard has the largest college endowment in the United States. But the University of Texas is not far behind.
On today’s Big Take podcast, Bloomberg’s Janet Lorin joins host David Gura to discuss how the University of Texas harnessed land and oil to build the second-largest endowment in higher education and why it’s now adding new kinds of energy — and new ventures — to its portfolio.
Read more: Oil-Rich University of Texas Wants to Cash In on AI, Crypto and Power

Weekend Listen: The Rise and Fall of an Alleged Scam Boss
19:56

Your Streaming Subscription Could Be the Next Trade Battlefield
17:54

Iran War Spotlights the Pentagon’s AI Strategy
19:04