![]() "We are landscaping this new world now," Emanuel added. This will disrupt existing technology providers and create a compelling opportunity set for GIC over the next three to five years, they explained.Įmanuel, who is based in the San Francisco Bay Area, is interested in new software infrastructure and application layers that will be needed to bring these AI models to businesses and consumers. The 2 investors were most animated when discussing the recent explosion of generative AI technology, including large language models. They're hosting the fund's annual Bridge Forum Summit, a 2-day networking event for top executives, startups and other tech companies which starts Tuesday. Insider sat down with Lim and Emanuel at GIC's San Francisco office on Monday. Lim, and colleague Chris Emanuel who heads GIC's technology investment group, are unfazed and looking for new investment opportunities. ![]() Many of these companies were hammered last year when valuations plunged. More recently, the fund has invested in tech companies such as Zoom, Stripe, Snowflake, DoorDash, Brex and Affirm. GIC backed Cisco in the 1980's when the networking giant was a startup. That involves investing heavily in the technology industry. Lim Chow Kiat is pretty chill for someone who is responsible for hundreds of billions of dollars.Īs CEO of GIC, Singapore's sovereign wealth fund, he must keep the country's savings growing ahead of inflation.
0 Comments
Leave a Reply. |