DJIA51682.64 -95.40
S&P 5007650.50 12.74
NASDAQ26522.55 104.25
Russell 20002860.40 -14.23
German DAX25304.06 -412.65
FTSE 10010659.13 -157.01
CAC 408065.02 -121.91
EuroStoxx 506228.55 -96.70
Nikkei 22565018.95 882.70
Hang Seng24750.78 146.49
Shanghai Comp3911.87 36.27
KOSPI6894.23 178.82
Bloomberg Comm IDX141.42 0.00
WTI Crude-fut98.77 -0.73
Brent Crude-fut95.47 -1.16
Natural Gas3.03 0.03
Gasoline-fut3.24 0.04
Gold-fut4415.90 34.20
Silver-fut66.79 1.01
Platinum-fut1804.60 26.40
Palladium-fut1314.50 23.50
Copper-fut6.72 0.10
Aluminum-spot3195.00 0.00
Coffee-fut277.20 0.45
Soybeans-fut1303.00 -16.50
Wheat-fut713.50 -12.25
Bitcoin81243.41 5183.97
Ethereum USD2630.17 222.32
Litecoin57.54 6.37
Dogecoin0.09 0.01
EUR/USD1.1470 -0.0078
USD/JPY155.88 0.82
GBP/USD1.3333 -0.0117
USD/CHF0.8237 0.0041
USD IDX100.21 -0.02
US 10-Yr TR4.998 0.051
GER 10-Yr TR3.519 -0.0027
UK 10-Yr TR5.2907 -0.0086
JAP 10-Yr TR2.985 0.009
Fed Funds4 0
SOFR3.85 0.23
High-rise commercial buildings

Sub Markets

Topics

Latest News  + Alternative Assets  + Real Assets  | 
Brookfield Launches $100B Global AI Infrastructure Program 

Brookfield Launches $100B Global AI Infrastructure Program 

Brookfield has unveiled a $100 billion global AI infrastructure program, developed in partnership with NVIDIA and the Kuwait Investment Authority (KIA). 

At the center of this new platform is the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), launched Wednesday with a $10 billion equity target to invest in what the firm describes as the foundational “backbone” of AI. The fund has already secured $5 billion in commitments from a select group of institutional and strategic partners, including Brookfield, NVIDIA, and KIA. 

Together with additional co-investment capital and project financing, BAIIF is expected to support the acquisition and development of up to $100 billion in AI infrastructure assets. Brookfield said the program will span every layer of the AI value chain, including power generation, land, advanced data centers, and compute resources. 

“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, Brookfield’s Head of AI Infrastructure. “This buildout will require $7 trillion of capital in the next 10 years across the entire AI value chain including power, compute, data centers, and beyond.” 

Brookfield has already begun deploying capital through BAIIF. The firm recently announced a $5 billion framework agreement with Bloom Energy to install up to one gigawatt of behind-the-meter power solutions for data centers and AI factories. It has also inked partnerships in France and Sweden aimed at supporting national AI strategies, with up to $30 billion in combined planned investments. 

Connect

Inside The Story

Brookfield

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.