that he will commit $1 billion to the launch of an international university, The Open Society University Network, for research and education on climate change and dealing with authoritarian governments. In April 2020, Amply Power, a company that provides charging solution for fleets, received its series A funding of $13.2 million from Soros Fund Management, Siemens, Congruent Ventures, PeopleFund, and Obvious Ventures. In November 2020, Soros Fund Management disclosed that is holds 1% Class A shares in Palantir Technologies and announced that it has begun selling its shares as allowed because it disagrees with Palantir's business practices. In a statement to the CNBC, the company said, "SFM made this investment at a time when the negative social consequences of big data were less understood. SFM would not make an investment in Palantir today.” Website Soros Fund Management References External links George Soros, "The Capitalist Threat" (The Atlantic, February 1997) George Soros American companies established in 1970 Hedge fund firms in New York City Hedge funds Investment management companies of the United States Privately held companies based in New York City