If you needed proof that the financial world is moving at breakneck speed, this week delivered it in spades. We are witnessing an era where “big” numbers are constantly being redefined, driven by an aggressive deployment of strategic capital. This week’s highlights capture that exact momentum: Singapore’s sovereign wealth funds, GIC and Temasek, just backed a historic, record-breaking fundraise for AI giant Anthropic, while Warren Buffett’s Berkshire Hathaway (NYSE: BRK.B) poured an additional US$10 billion into Alphabet (NASDAQ: GOOGL). Closer to home, Keppel Ltd (SGX: BN4) massively boosted its power capacity with a future-ready plant, and CapitaLand Ascott Trust (SGX: HMN) unlocked premium value by divesting a prime local hotel.

Anthropic’s record US$65 billion raise

AI safety company Anthropic, the developer behind the Claude family of models, raised US$65 billion in Series H funding on 28 May 2026, valuing the firm at US$965 billion post-money. The round was led by Altimeter Capital, Dragoneer, Greenoaks and...