Temasek plans to raise AI exposure to 15 percent of its portfolio

The Register reports that Singapore sovereign wealth fund Temasek plans to raise AI exposure from about 6 percent of its portfolio to 15 percent by 2031. The fund said it will target energy and data centers, semiconductors, cloud service providers, foundation models, and AI applications and software infrastructure. Temasek also said AI-driven data-center demand is part of why it plans to expand infrastructure investments.

Key details: Temasek holds more than $400 billion in assets, The fund plans to raise AI exposure to 15 percent by 2031, Target areas include data centers, semiconductors, cloud providers, foundation models, and AI applications.

Why it matters: Sovereign funds are becoming major allocators for the AI infrastructure stack, which can shape funding availability beyond venture capital.