• Brookfield is targeting a USD 10B AI infrastructure fund, securing USD 5B from investors including Nvidia and Kuwait Investment Authority.
• The firm plans up to USD 100B in AI infrastructure through the fund, co-investments, and debt, focusing on greenfield projects.
• Early deals include a USD 5B Bloom Energy partnership and government collaborations in France and Sweden to build secure AI infrastructure.

Brookfield

US-based, global alternative asset manager, Brookfield Asset Management, is targeting USD 10 billion for its new AI infrastructure fund. Thus far, it has secured USD 5 billion from investors including Nvidia and the Kuwait Investment Authority (KIA).This is part of its new strategy aiming to invest in AI infrastructure with Nivisia, and KIA as the fund’s founding partners. 

With the new capital as well as additional co-investments and debt it aims to build and acquire as much USD 100 billion worth of AI infrastructure. It also aims to invest across the AI landscape including data centers, dedicated power providers and semiconductor manufacturing. Additionally, it aims to devote most of its capital to projects that are being built from scratch on undeveloped land.

The new fund has already conducted a few investments. 0ne which is a USD 5 billion partnership with Bloom Energy, entailing installing power in data centers. Another is partnerships with the governments of France and Sweden to create secure AI infrastructure. 

AI Infrastructure

Brookfield is one of the world’s most prominent investors in the AI value chain with a focus on infrastructure.  So far it has invested around USD 115 billion (EUR 100B) across digital infrastructure,renewable power and semiconductor manufacturing worldwide.

Going forward, the firm aims to play a major role in financing the infrastructure needed to power AI. Furthermore, it estimates that in total this endeavor would cost USD 7 trillion, aiming to play a role in these investments.