Singapore's Temasek investment fund says crypto is off the table, will focus on AI

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Temasek, a $400 billion Singaporean investment fund, has ruled out investing in cryptocurrencies, instead shifting focus to artificial intelligence. The fund plans to increase AI holdings to 15% of its portfolio by 2031, up from the current 6%. This strategic move reflects the growing importance of AI in the global economy, with significant implications for the tech and investment sectors.