Brookfield Partners with NVIDIA to Launch a $100 Billion AI Infrastructure Plan

On November 19th, Brookfield Asset Management company announced that it would jointly launch an artificial intelligence infrastructure program with Nvidia and the Kuwait Investment Authority, with a total size of $100 billion. Brookfield stated that the program will be centered around the newly established "Brookfield Artificial Intelligence Infrastructure Fund," with a target equity fundraising amount of $10 billion, focusing on investments in the artificial intelligence backbone infrastructure sector. Currently, the fund has received capital commitments of $5 billion from selected institutions and industry partners including Brookfield, Nvidia, and the Kuwait Investment Authority.