Sovereign Fund GIC Uses AI ‘Devil’s Advocate’ for Dealmaking

The next time a banker pitches an investment to GIC Pte, one of the world’s biggest sovereign wealth funds, their deal might get picked apart by its latest AI tools: a Virtual Investment Committee and an “Agentic Devil’s Advocate” chatbot designed to ask tough questions.

GIC on Thursday unveiled a video demonstration of its newest platform to highlight how AI is changing the way the Singapore state investor does deals. About an hour after uploading data and background materials on a proposed investment, the bot spits out a detailed summary of the key issues and examples of questions an investment committee member might ask before giving it a green light.