Artificial intelligence offers ‘unparalleled’ opportunities for investments, operations, says the sovereign wealth fund

[SINGAPORE] Artificial intelligence (AI) will have a foundational impact on the world, and offers unparalleled opportunities for investments and operations, said GIC chief executive Lim Chow Kiat.

As a result, the Singapore sovereign wealth fund is looking to leverage the technology not just through investments, but also by adopting it in the company, he noted, at the release of GIC’s report for the financial year ended Mar 31, 2025.

Within the organisation, GIC is trialling a virtual investment committee member with its fixed income and multi-asset department.

This AI agent reviews deal terms and information and raises questions, based on public information as well as GIC’s internal data.

Lim said that the company has received positive feedback since it was deployed a year ago, and that GIC is now developing different personas for the AI agent to introduce additional perspectives and enable more robust discussions.

“We are applying technology to the heart of our business; we’re not just using AI in the periphery of our work,” he added. “So if it works, the value would be tremendous to us – we just have to use it with caution.”