Why Temasek is staying away from China’s generative AI stock frenzy

Why Temasek is staying away from China’s generative AI stock frenzy

FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su

Investment firm Temasek International Pte. Ltd. will keep a close eye on the long-term prospects of generative artificial intelligence (AI) in China, but will hold off on investing in mainland-listed stocks in the industry given their lack of fundamentals, the company’s China president said.

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