Temasek discloses holdings in Anthropic and OpenAI, aims to increase AI-related assets in portfolio to up to 15%

Golden Finance reported that on July 9, Singapore sovereign wealth fund Temasek plans to significantly increase investments related to artificial intelligence (AI), aiming to raise the proportion of AI-related assets from the current ~6% to up to 15% by 2031. For the fiscal year ending March 31, 2026, Temasek's net portfolio value increased 14.8% year-on-year in USD terms to approximately $400 billion, hitting a record high for the second consecutive year. New investments include Anthropic, OpenAI, Luckin Coffee, and European luxury group Ermenegildo Zegna.

Temasek CEO Dilhan Pillay stated that the rapid development of AI is entering a critical phase, which will bring a large number of new opportunities. The group plans to deploy capital in five areas, including energy and data centers, semiconductors, cloud service providers, foundation models, as well as AI applications and software infrastructure. Pillay said that the group will not only invest in AI companies but also hopes that the rest of its portfolio will accelerate the adoption of AI. In other words, up to 15% is direct AI-related investment; the remaining ~85%, although not necessarily AI companies, must also leverage AI to enhance competitiveness and operational efficiency.