By Yantoultra Ngui

SINGAPORE, June 12 (Reuters) - Temasek has joined a

consortium backed by Microsoft ( MSFT ), BlackRock ( BLK ) and

tech investment company MGX to invest and expand artificial

intelligence infrastructure, according to BlackRock's ( BLK ) investor

day presentation slides on Thursday.

The Singapore state investment company has joined AI

Infrastructure Partnership, a group that also includes

BlackRock's ( BLK ) Global Infrastructure Partners, the slides showed.

AIP, formed in September with a goal to initially invest

more than $30 billion in AI-related projects, is one of the

world's largest efforts to invest in data centres and energy

facilities needed to power AI applications such as ChatGPT.

It aims to mobilise up to $100 billion including debt

financing for such investments, which will focus on the United

States.

Temasek's participation comes after the Kuwait Investment

Authority joined AIP earlier in June.

The sovereign wealth fund of Kuwait was the first

non-founder financial anchor investor to join the consortium,

which also counts partners including Nvidia ( NVDA ) and

billionaire Elon Musk's xAI.

"Temasek's investment in the AI Infrastructure Partnership

reflects our focus on the big shifts and trends of the future,"

Ravi Lambah, Temasek's head of strategic initiatives, said in an

email to Reuters.

"AI is potentially the most transformative and impactful

technology for all sectors and businesses," he added.

Temasek did not disclose financial details of the

investment. The global investment company had a net portfolio

value of S$389 billion ($304 billion) as of March 31, 2024,

according to its website.

($1 = 1.2804 Singapore dollars)

(Reporting by Yantoultra Ngui; Editing by Muralikumar

Anantharaman)