Sovereign Fund GIC Makes use of AI ‘Satan’s Advocate’ for Dealmaking

(Bloomberg) — The subsequent time a banker pitches an funding to GIC Pte, one of many world’s greatest sovereign wealth funds, their deal would possibly get picked aside by its newest AI instruments: a Digital Funding Committee and an “Agentic Satan’s Advocate” chatbot designed to ask powerful questions. GIC on Thursday unveiled a video demonstration … Read more

GIC Boosts Americas Publicity to 49%, Eyes AI Offers in US

(Bloomberg) — Singapore’s GIC Pte ramped up investments within the Americas whereas its Asia-Pacific holdings declined, as the enormous sovereign wealth fund wagers that the US will profit most from the factitious intelligence growth. North and South America accounted for 49% of GIC’s property as of March, up from 44% a 12 months earlier. Asia-Pacific … Read more

GIC Lifts Americas Investments on AI Increase; APAC Holdings Fall

(Bloomberg) — Singapore’s GIC Pte ramped up investments within the Americas whereas its Asia-Pacific holdings declined, because the sovereign wealth fund wagers that the US will profit most from the substitute intelligence growth. North and South America accounted for 49% of GIC’s belongings as of March, up from 44% a 12 months earlier. Asia-Pacific belongings … Read more