Temasek Backs OpenAI Investor’s New $250 Million Tech Fund
- Luxembourg-based AIC focuses on artificial intelligence firms
- New fund is backing startups including OpenAI, FlexAI
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Alpha Intelligence Capital, which invests in artificial intelligence companies including OpenAI, is raising a $250 million fund and has attracted government-owned entities of France and Singapore as backers.
AIC has garnered $160 million for the fund, its second, and is on track for a final close by September, partners Arnaud Barthelemy and Terry Chou said. France’s Bpifrance, Taiwan’s CDIB Capital Group, and a Singapore state-run fund are participating, they said.