Brookfield Asset Management Ltd.Nvidia commits $2B as anchor investor to Brookfield's $10B AI infrastructure fund, boosting its fundraising.
Nvidia Corp. has committed $2 billion to Brookfield Asset Management's global artificial intelligence infrastructure fund, according to investor documents that revealed the size of a previously disclosed investment. The AI giant is an anchor investor for the Brookfield Artificial Intelligence Infrastructure Fund, alongside the Kuwait Investment Authority, Brookfield said last year. The fund focuses on the AI buildout, backing factories, dedicated behind-the-meter power solutions and compute infrastructure. Brookfield is raising $10 billion for the AI infrastructure fund as part of a broader plan to raise around $50 billion for the infrastructure group over the next two years, with AI featuring in every strategy. Brookfield is also part of an Nvidia consortium committing to financing AI computing deals totaling more than $500 billion.
Brookfield Asset Management Ltd.Nvidia commits $2B as anchor investor to Brookfield's $10B AI infrastructure fund, boosting its fundraising.
NVIDIA CorporationNvidia commits $2 billion to Brookfield's AI infrastructure fund and is part of a consortium financing $500B+ in AI computing deals.