Temasek Holdings participates in a technology fund established by early investors in OpenAI

Alpha Intelligence Capital (AIC), which invests in artificial intelligence companies such as OpenAI, is raising money to set up a $250 million fund and has received backing from government-owned investors such as Temasek Holdings (Temasek). AIC partners Arnaud Barthelemy and Terry Chou said AIC has raised $160 million for the fund, its second fund, and expects to complete the final fundraising by the end of September.