Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure
From Yahoo Finance: 2025-06-12 11:05:00
Temasek has teamed up with Microsoft, BlackRock, and MGX to invest in expanding AI infrastructure. The AI Infrastructure Partnership aims to invest over $30 billion in AI projects, with a goal of reaching $100 billion. Temasek’s investment follows Kuwait Investment Authority’s participation in June. Temasek’s head of strategic initiatives sees AI as a transformative technology. Temasek has not disclosed the financial details of the investment, but as of March 31, 2024, their net portfolio value was $304 billion.
Read more at Yahoo Finance: Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure