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Canada  + Cross Border News  | 
Aerial photo of a Brookfield data centre.

Brookfield Asset Management Launches US$10B AI Infrastructure Fund

Brookfield Asset Management has created a US$10-billion AI infrastructure program as part of a new, much larger data-centre development strategy.

Brookfield announced Wednesday that it has launched the US$100-billion strategy with global computer-chip maker NVIDIA and the Kuwait Investment Authority (KIA.) Plans call for Brookfield to anchor the program with the $10-billion Broofield Artificial Intelligence Investment Fund (BAIIF).

The new fund has already received US$5 billion from a group of institutional and industry partners. Brookfield, NVIDIA and KIA are part of the group and have kicked in an unspecified amount of capital.

Brookfield said BAIIF, in conjunction with additional capital from its co-investors and prudent financing, will acquire up to $100 billion of AI infrastructure assets, investing across every stage of the value chain—from energy and land to data centers and compute.

“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,” said Sikander Rashid, head of AI infrastructure at Brookfield. “This buildout will require $7 trillion of capital in the next 10 years across the entire AI value chain including power, compute, data centres, and beyond.”

BAIIF’s investments will focus on the physical infrastructure assets that underpin AI delivery across what the company calls “AI factories” primarily built on NVIDIA’s DSX Vera Rubin-ready reference design; dedicated behind-the-meter power solutions; compute infrastructure, including integrated solutions tailored for governments and leading global enterprises; and strategic adjacencies and capital partnerships across the entire AI value chain.

“BAIIF will prioritize investments backed by highly creditworthy counterparties and contracted cash flows,” said Brookfield.

BAIIF and the overarching strategy’s launch come after Brookfield
recently secured a seed AI infrastructure investment for the fund by reaching a $5-billion framework agreement with Bloom Energy to install up to 1 gigawatts of behind-the-meter power solutions for data centres and AI factories. Concurrently, Brookfield ilaunching Radiant, a new NVIDIA Cloud partner, to provide full-stack AI services leveraging Brookfield’s access to scaled infrastructure, including land, power and data centres around the world.

“Radiant will build AI factories based on NVIDIA DSX reference design to offer the fastest time to revenues and provide direct support to Brookfield’s sovereign AI programs,” said Brookfield.

In addition, Brookfield has also announced landmark partnerships in France
and Sweden, providing up to US$30 billion of combined AI Infrastructure investment.

Brookfield had signalled earlier this year that it was planning large AI data-centre investments.

Formerly based in Toronto, Brookfield is a Canadian company now headquartered in New York.

Image: Brookfield Asset Management

Don’t miss the chance to gain exclusive insights into the next groundbreaking technology poised to transform the commercial real estate industry and shape the future. Connect North American Investment in Digital Infrastructure & AI is scheduled for Feb. 11, 2026 in Montreal. 

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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