Temasek comfortable with current AI spending levels

Singapore's Temasek said it is not worried about massive hyperscaler spending on AI infrastructure. The fund holds stakes in Anthropic and OpenAI and plans to raise AI's share of its portfolio from 6% to 15% over five years.

• Temasek holds stakes in Anthropic and OpenAI
• AI share of portfolio to rise from 6% to 15% in five years
• Analysts expect hyperscaler capex to top $1 trillion by 2027
• The Americas account for 26% of its $400 billion portfolio