(Nov 25): Temasek Holdings, Singapore’s state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies.

Temasek is creating so-called “experimental pods” to focus on these two areas, which it sees as long-term trends impacting multiple industries and geographies, according to an internal memo obtained by Bloomberg. Chia Song Hwee, the chief operating officer of key management arm Temasek International, will oversee the new groups.

The strategy was announced alongside other organisational changes that took effect Oct 1, the memo shows. A spokesman for Temasek, which manages $308 billionaire, confirmed the contents.

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