Nov. 19 at 12:20 PM
🚨 Breaking News: Brookfield Asset Management (
$BAM ) announces the launch of a groundbreaking
$100 billion AI Infrastructure Program. This initiative is anchored by the Brookfield AI Infrastructure Fund (BAIIF), targeting
$10 billion in equity, with
$5 billion already secured from Brookfield, NVIDIA (
$NVDA), and the Kuwait Investment Authority.
The program aims to build
$100 billion in assets across energy solutions, land development, data centers, and advanced computing infrastructure.
Initial seed deals include a
$5 billion partnership with Bloom Energy to generate 1GW of power, collaboration with Radiant (an NVIDIA partner specializing in AI factories), and potential investments of up to
$30 billion in projects across France and Sweden.