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Temasek Fund Shifts Focus from Crypto to AI Investments

1 sourceFirst reported 12 days agoUpdated 12 days ago

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Singapore's Temasek investment fund has announced it will no longer invest in cryptocurrency.
The fund plans to shift its focus to artificial intelligence, aiming to increase AI holdings in its portfolio from 6% to 15% by 2031.
Temasek, which has a total value of $400 billion, is reallocating resources away from digital assets.

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AI summary: catch up in 20 seconds

Singapore's Temasek investment fund has announced it will no longer invest in cryptocurrency.
The fund plans to shift its focus to artificial intelligence, aiming to increase AI holdings in its portfolio from 6% to 15% by 2031.
Temasek, which has a total value of $400 billion, is reallocating resources away from digital assets.

Generated by AI from the 1 sources below · always verify with the originals