Singapore, July 8 -- Singapore's state-backed investor Temasek is betting big on artificial intelligence as it scopes opportunities in emerging technologies to deliver sustainable returns.

The investment giant said that it plans to take the AI-related exposure to 15 per cent of the portfolio value by 2031 from 6 per cent at present.

"AI is integral to how we sense emerging opportunities, adapt our portfolio, and thrive as an institution," Temasek CEO Dilhan Pillay said during a media briefing.

Temasek said it has benefited from the digitisation wave in the past and that it viewed the advancement of AI as a pivotal phase that will create new opportunities. The company has identified five focus areas to deploy capital in artificial intel...