Brookfield Unveils 100b Fund To Power Next-gen Ai, Backed By Kia And Nvidia

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Brookfield has announced the launch of a 100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority " KIA ".

Brookfield will anchor the program with the Brookfield Artificial Intelligence Infrastructure Fund "BAIIF" or "the Fund", which launches today with a target of 10 billion of equity commitments to invest in the backbone of artificial intelligence "AI". BAIIF has already received 5 billion of capital commitments from a select group of institutional and industry partners, including Brookfield, NVIDIA and KIA.

BAIIF, together with additional capital from its co-investors and prudent financing, will acquire up to 100 billion of AI infrastructure assets, deploying investment across every stage of the value chain-from energy and land to data centers and compute.

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