Singapore's GIC increases its investment in the Americas to 49%, optimistic about the United States benefiting from the artificial intelligence boom.

The Singapore government investment company has increased its investment in the Americas, betting that the United States will benefit the most from the artificial intelligence AI boom. As of March, North and South America accounted for 49% of GIC's assets, up from 44% in the same period last year; the proportion of assets in the Asia-Pacific region decreased from 28% to 24%; the proportion of assets in Europe, the Middle East, and Africa remained unchanged, still at 20%.