Singapore state investor Temasek announced plans to significantly increase its investments in AI companies, aiming to lift its exposure to the technology to as much as 15% over the next five years from 6% currently.
Investment Strategy
Temasek, which owns stakes in Anthropic and OpenAI, will deploy capital across five focus areas: energy and data centres, semiconductors, cloud service providers, foundation models, and AI applications and software infrastructure. The company’s net portfolio value climbed to S$518 billion ($400 billion) last financial year, marking the second consecutive year it has hit a record.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
