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Brookfield Launches AI Infrastructure Fund Targeting $10 Billion, Eyes Up to $100 Billion in Assets

Anchor commitments of $5 billion come from Nvidia plus Kuwait’s sovereign fund.

Overview

  • Brookfield says the fund will use equity alongside co-investments and debt to acquire large-scale AI infrastructure across land, energy, data centers, compute and chip manufacturing.
  • Brookfield introduced Radiant, an Nvidia-based GPU cloud, and plans AI factories primarily built on Nvidia’s DSX Vera Rubin reference design.
  • The program’s seed deployment includes a $5 billion framework agreement with Bloom Energy to install about 1 gigawatt of behind-the-meter power for data centers and AI facilities.
  • The firm plans to devote a majority of capital to ground-up builds on undeveloped land and cites existing partnerships with France and Sweden to support national AI programs.
  • Executives highlight a projected $7 trillion AI infrastructure need over the next decade, while market watchers flag financing risks and potential circularity given vendor investment ties.