Singapore's GIC downplays AI bubble fears, flags 'mixed' valuations

Sovereign wealth fund says high US market pricing poses challenge to returns

20250724 GIC

GIC Chief Investment Officer Bryan Yeo spoke with Nikkei Asia ahead of the release of the investment company's annual report on Friday. (GIC)

TSUBASA SURUGA

SINGAPORE -- Singapore's GIC, one of the world's largest investors, said it does not yet see a bubble forming in the booming artificial intelligence sector, despite a surge in generative AI and related infrastructure investments like semiconductors and data centers.

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