Brookfield launches $100 billion AI infrastructure program

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Synopsis

The program will be anchored by a new Brookfield Artificial Intelligence Infrastructure Fund, which is launching on Wednesday with a target of $10 billion in equity commitments.

Image for Brookfield launches $100 billion AI infrastructure program
Brookfield Asset Management said on Wednesday it had launched a $100 billion AI infrastructure program in partnership with Nvidia and Kuwait Investment Authority.

The program will be anchored by a new Brookfield Artificial Intelligence Infrastructure Fund, which is launching on Wednesday with a target of $10 billion in equity commitments.

The fund has already secured $5…



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Brookfield launches $100 billion AI infrastructure program


Synopsis

The program will be anchored by a new Brookfield Artificial Intelligence Infrastructure Fund, which is launching on Wednesday with a target of $10 billion in equity commitments.

Image for Brookfield launches $100 billion AI infrastructure program
Brookfield Asset Management said on Wednesday it had launched a $100 billion AI infrastructure program in partnership with Nvidia and Kuwait Investment Authority.

The program will be anchored by a new Brookfield Artificial Intelligence Infrastructure Fund, which is launching on Wednesday with a target of $10 billion in equity commitments.

The fund has already secured $5…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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