Temasek comfortable with current AI spending levels, executive says

Singapore’s Temasek is not worried about the massive levels of spending from hyperscalers powering the AI buildout, its executive said on Thursday, as the state investor works to increase its exposure to the technology.

Speaking at the Reuters Investment USA event in Boston, Temasek’s North America Head Jane Atherton said the companies funding the infrastructure believe the large-scale investments will yield risk-adjusted returns with the growing adoption of AI.

“Underpinning all of this AI buildout are some of the strongest balance sheets in the world… we remain incredibly positive on AI,” Atherton said.