Singaporean sovereign wealth fund Temasek thinks AI has a future

Singapore’s sovereign wealth fund Temasek plans to increase its AI investments from 6% to 15% of its portfolio by 2031, targeting sectors like energy, semiconductors, cloud services, and AI applications. The fund will also expand infrastructure investments and integrate AI internally to enhance operations, citing past successes in tech investments such as OpenAI, Alibaba, and Tencent.