The $400 billion wealth fund plans to expand AI holdings to 15% of its portfolio by 2031 from the current 6%. Temasek Holdings plans to prioritize artificial intelligence investments over cryptocurrencies, citing regulatory uncertainty and a $275 million loss from the collapse of FTX in 2022. The Singapore state investment fund aims to lift AI-related holdings from 6% of its portfolio to 15% by 2031, while warning that some AI valuations have outpaced business fundamentals. Temasek says it has…
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