Brookfield (BAM.US) increases investment in AI infrastructure: Launches a $10 billion related fund with participation from Nvidia.
According to the Securities Times app, executives at Brookfield Asset Management (BAM.US) revealed that they are launching a new artificial intelligence infrastructure fund, which plans to raise $10 billion in equity funding. The asset management company has already raised $5 billion from investors including NVIDIA (NVDA.US) and the Kuwaiti Sovereign Wealth Fund, and has also used its own balance sheet for financing.
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