February 21, 2025
Miami, FL
The final day of FII PRIORITY Miami Summit kicked off with an address by Penny Richards, the newly appointed CEO of the FII Institute. Her opening remarks emphasized her commitment to drive impactful initiatives and foster global collaboration with FII Institute strategic partners, members and beyond.
A highlight of the day was a special conversation between H.E. Yasir Al-Rumayyan, Governor, PIF; Chairman, FII Institute & Aramco, and Dr. Eric Schmidt KBE, Former CEO & Chairman, Google. They discussed the transformative potential of artificial intelligence (AI) and its implications for global economies. H.E. Al-Rumayyan underscored Saudi Arabia’s strategic positioning as a burgeoning AI hub, citing the nation’s massive energy resources and ambitious talent pool as key enablers. He said “AI will elevate us, as humans. It will help create jobs as we move from first an agriculture-based economy, then an industrial-based economy. But its true impact depends on how wisely we invest in its development and deployment.”
On the future of technology investments, Masayoshi Son, Representative Director, Corporate Officer, Chairman & CEO, of SoftBank Group Corp, in a discussion with Richard Attias, (Chairman of the Executive Committee, FII Institute) highlighted the transformative power of StarGate and other AI solutions, underscoring that the future of intelligence is set to evolve at an exponential pace—far beyond what humanity can currently conceive. This rapid acceleration, he noted, will reshape industries, economies, and societies at an unprecedented scale, making bold, forward-thinking investments more critical than ever.
Several other influential speakers shared invaluable insights on the intersection of leadership, innovation, and economic transformation. Jerry Inzerillo (Group CEO, Diriyah) explored how visionary leaders can turn megaprojects into fully integrated mega systems, driving sustainable urban development.
The evolving landscape of real estate took center stage with perspectives from Barry Sternlicht (Chairman & CEO, Starwood Capital Group) and Travis Kalanick (CEO, City Storage Systems – CSS), and Bob Speyer (CEO, Tishman Speyer) who discussed the expanding economic opportunities within the sector and the future of urban infrastructure.
In the realm of sports and finance, Steve Cohen (Chairman & CEO, Point72; Chairman & CEO, New York Mets) discussed the financial dynamics and the importance of data shaping the global sports. Dara Khosrowshahi (CEO, Uber Technologies) shared forward-thinking insights on the future of transportation, highlighting innovation, mobility, and the evolving role of technology in shaping urban movement.
A signing ceremony between FII Institute and Guggenheim Investments took place at the Summit marking a significant step toward a strategic collaboration, with a commitment to innovation, sustainable investment, and global economic growth.
Richard Attias said “Discussions these past two days exemplified what FII Institute stands for—transforming ideas into action. Thought leaders and industry pioneers emphasized the urgent need to align investments with purpose-driven initiatives that not only generate returns but also drive meaningful global progress. The conversations here are not just shaping industries; they are shaping the future.”
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About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation with an investment arm and a single agenda: Impact on Humanity. Global, inclusive, and data-driven, the Institute brings together the world’s brightest minds to transform ideas into real-world solutions across four critical pillars: Artificial Intelligence & Robotics, Education, Healthcare, and Sustainability.
