Kuwait Investment Authority (KIA) and Nvidia will partner with Brookfield in its US$100 billion global AI Infrastructure program.
Brookfield will anchor the program with the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), which was launched on Thursday with a target of US$10 billion of equity commitments to invest in the backbone of artificial intelligence. The fund has already secured US$5 billion of capital commitments from a select group of institutional and industry partners, including Brookfield, Nvidia and KIA.
Together with additional capital from its co-investors and prudent financing, BAIIF will acquire up to US$100 billion of AI infrastructure assets, deploying investment across every stage of the value chain – from energy and land to data centres and compute.
The Toronto-headquartered Brookfield, which has over US$1 trillion worth of assets under management, is one of the world’s leading owners and operators of AI infrastructure assets. It has over US$100 billion already invested in digital infrastructure and clean power. It is uniquely positioned to deliver integrated infrastructure solutions and critical services required to power AI’s future.
Sikander Rashid, Head of AI Infrastructure at Brookfield, said: “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.
“This buildout will require US$7 trillion of capital in the next 10 years across the entire AI value chain including power, compute, data centres, and beyond. We are thrilled to formally launch our dedicated AI program in partnership with Nvidia and others to deliver this infrastructure at speed, at scale, and to the highest standard for enterprises, technology firms, and sovereign governments.”
Brookfield is launching Radiant, a new Nvidia Cloud Partner, to provide full-stack AI services leveraging Brookfield’s access to scaled infrastructure, including land, power and data centers 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.
Jensen Huang, founder and CEO of Nvidia, added: “AI is transforming every industry, and like electricity, it will require every nation to build the infrastructure to power it. AI infrastructure demands land, power, and purpose-built supercomputers – and our partnership with Brookfield brings all of these elements together in a ready-to-deploy AI cloud.
“We’re thrilled that Radiant, Brookfield’s AI cloud service, is building an Nvidia GPU cloud based on the Nvidia DSX blueprint to deliver Vera Rubin–ready AI infrastructure—fast to deploy and designed to scale with the world’s growing intelligence needs.”
BAIIF will focus on investing in the physical infrastructure assets that underpin the delivery of AI, across four verticals – 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.
Brookfield recently secured a seed AI infrastructure investment for the Fund with the announcement of a US$5 billion framework agreement with Bloom Energy to install up to 1 GW of behind-the-meter power solutions for data centres and AI factories.
Brookfield has also announced partnerships in France and Sweden to support their national AI ambitions with up to US$30 billion of combined AI Infrastructure investment.
Follow us on
