Business News
After A Record Year, Temasek’s Bigger AI Bet Meets A World Still Writing The Rules
The leadership of the sovereign wealth fund concedes that overvaluation in the AI market it is chasing is unavoidable, and that nobody can call when it corrects. Its own weakest stretch of returns shows what a mistimed conviction already cost it once. That's why the credit and infrastructure build-out reads less like expansion and more like insurance.