GIC

GIC is a sovereign wealth fund owned by the Government of Singapore, which manages the country's foreign reserves and invests globally across various asset classes.

Why it’s in the news: It is in the news due to its significant investment in Supabase, a database company, as part of a US$500 million funding round.

Latest on GIC

• Meme magic: how a crude Chinese animation reshapes country’s viewing habits
• Bitcoin gained 7.26% to reach exactly US$69,350.36 and now faces a critical test at the US$70,000 psychological barrier
• Google Pixel 11 series review: Is the magic fading?
• Nutanix, ChronoScale announce strategic partnership to accelerate enterprise AI adoption
• Nutanix and ChronoScale Announce Strategic Partnership to Accelerate Enterprise AI Adoption
• America’s brands lose their magic
• GIC, Stripe back Supabase in US$500M round as AI deployment surges across SEA
• Chinese AI models will slash adoption costs, says Singapore’s GIC

Connections

7 entities linked to GIC across the news graph.