Brookfield, Nvidia, KIA Launch $100 Billion AI Infrastructure Program

• Brookfield aims to deploy up to $100 billion into AI infrastructure.
• The asset management firm is partnering with Nvidia and the Kuwait Investment Authority.
• Brookfield is launching ‘Radiant,’ a new Nvidia Cloud Partner that will support full-stack AI operations.

Brookfield Asset Management (BAM) announced on Wednesday a sweeping $100 billion initiative to build out AI infrastructure on a global scale, partnering with Nvidia Inc. (NVDA) and the Kuwait Investment Authority. 

The program will back a multibillion-dollar fund dedicated to powering the next generation of artificial intelligence systems.

Major Fund Launch 

The firm is launching the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), a vehicle targeting $10 billion in equity commitments. The fund has already secured around $5 billion from its anchor investors, including Brookfield, Nvidia, and KIA. 

Combining the fund’s equity with co-investments and debt financing, Brookfield aims to deploy up to $100 billion into AI infrastructure. 

Brookfield Asset Management’s stock inched 0.7% higher in Wednesday’s premarket. On Stocktwits, retail sentiment around the stock shifted to ‘neutral’ from ‘bearish’ territory the previous day. Message volume changed to ‘normal’ from ‘low’ levels in 24 hours. 

Four Key Verticals

BAIIF will invest across four major domains: ‘AI factories’ built around Nvidia’s DSX ‘Vera Rubin’ platform, behind-the-meter energy solutions, integrated compute infrastructure for governments and large enterprises, and strategic partnerships throughout the AI ecosystem.

“AI is creating one of the largest infrastructure buildouts in history, comparable to the formation of the modern power grid and global telecom networks, but unfolding at a far greater pace and significantly larger scale.”

-Sikander Rashid, Head of AI Infrastructure, Brookfield

As part of its international rollout, Brookfield is launching ‘Radiant,’ a new Nvidia Cloud Partner that will support full-stack AI operations using its global infrastructure footprint, including land, power, and compute. 

The firm has already pledged up to $30 billion in investments to back national AI ambitions in France and Sweden. 

BAM stock has lost over 10% in the past 12 months.

Also See: Dan Ives Calls Nvidia The Bedrock Of The AI Revolution Ahead Of Q3 Report

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