Brookfield Launches $100 Billion AI Infrastructure Program

Rhea-AI Summary

Brookfield (BAM) launched a $100 billion global AI infrastructure program on Nov 19, 2025, anchored by the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF) targeting $10 billion of equity commitments.

BAIIF has secured $5 billion of initial commitments, including Brookfield, NVIDIA and Kuwait Investment Authority, and aims to acquire up to $100 billion of AI infrastructure assets across energy, land, data centers and compute.

Seed deals include a $5 billion framework with Bloom Energy for up to 1 GW of behind‑the‑meter power; Brookfield also announced Radiant, an NVIDIA cloud partner building NVIDIA DSX Vera Rubin–ready AI factories, and up to $30 billion in France and Sweden partnerships.

Positive

• $100B total AI infrastructure acquisition target
• BAIIF targeting $10B equity; $5B committed at launch
• Seed $5B Bloom Energy framework to install up to 1 GW
• Brookfield reports > $100B already invested in digital infrastructure and clean power
• Up to $30B of partnerships announced in France and Sweden
• Radiant to build NVIDIA DSX Vera Rubin–ready AI factories

Negative

• None.

Insights

AI infrastructure strategist

Brookfield launches a $100 billion AI infrastructure program with NVIDIA and KIA; initial $10B fund seeded with $5B.

Brookfield will anchor the Brookfield Artificial Intelligence Infrastructure Fund with a $10 billion equity target and $5 billion already committed, and plans to acquire up to $100 billion of AI infrastructure assets across energy, land, data centers and compute. The Fund will invest across four verticals: AI factories using NVIDIA DSX Vera Rubin designs, behind-the-meter power, compute solutions for governments and enterprises, and strategic adjacencies; Radiant will offer an NVIDIA GPU cloud based on the DSX blueprint.

Key dependencies and risks stated include reliance on large counterparties, contracted cash flows, and planned seed projects such as a $5 billion framework with Bloom Energy to install up to 1 GW of behind-the-meter power. The announcement names founding partners NVIDIA and the Kuwait Investment Authority (KIA), and cites up to $30 billion of combined investment in France and Sweden; these specifics frame near-term execution and partnership integration as primary operational risks.

Watch for three concrete items: the Fund reaching its $10 billion equity target, deployment cadence against the stated $100 billion acquisition goal, and commercialization milestones for Radiant and the Bloom Energy 1 GW program within the next investment cycle. Expect these items to clarify impact within a medium-term horizon (months to a few years), as each will materially show fund scaling and asset deployment.

$100 Billion Investment Program to be Deployed Across the Full AI Value Chain

NVIDIA and KIA Will Each Join the Fund as Investors and Founding Partners

NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Brookfield today announced the launch of a $100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (“KIA”).

Brookfield will anchor the program with the Brookfield Artificial Intelligence Infrastructure Fund (“BAIIF” or “the Fund”), which launches today with a target of $10 billion of equity commitments to invest in the backbone of artificial intelligence (“AI”). BAIIF has already received $5 billion of capital commitments from a select group of institutional and industry partners, including Brookfield, NVIDIA and KIA.

BAIIF, together with additional capital from its co-investors and prudent financing, will acquire up to $100 billion of AI infrastructure assets, deploying investment across every stage of the value chain—from energy and land to data centers and compute.

As one of the world’s leading owners and operators of AI infrastructure assets, with over $100 billion already invested in digital infrastructure and clean power, Brookfield is uniquely positioned to deliver integrated infrastructure solutions and critical services required to power the next generation of AI.

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 $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.”

“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,” said Jensen Huang, founder and CEO of NVIDIA. “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.”

Investing in the Infrastructure Underpinning the Growth of AI

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. BAIIF will prioritize investments backed by highly creditworthy counterparties and contracted cash flows.

Seed Investments

Brookfield recently secured a seed AI infrastructure investment for the Fund with the announcement of a $5 billion framework agreement with Bloom Energy to install up to 1 GW of behind the meter power solutions for data centers and AI factories. 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. Brookfield has also announced landmark partnerships in France and Sweden to support their national AI ambitions with up to $30 billion of combined AI Infrastructure investment.

Notes

Read Brookfield’s white paper, Building the Backbone of AI, here: www.brookfield.com/sites/default/files/documents/Brookfield_Building_the_Backbone_of_AI.pdf

Contact Information:

Media: Simon Maine  Tel: +44 739 890 9278 Email: Simon.Maine@Brookfield.com	Investor Relations: Jason Fooks Tel: (212) 417-2442 Email: Jason.Fooks@Brookfield.com
John Hamlin Tel: +44 204 557 4334 Email: John.Hamlin@Brookfield.com

About Brookfield Asset Management 

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, renewable power and transition, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.

For more information, please visit our website at www.brookfield.com.

Notice to Readers

This news release contains “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of other relevant securities legislation, including applicable securities laws in Canada, which reflect our current views with respect to, among other things, our operations and financial performance (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions and which are in turn based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of Brookfield are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “target”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. In particular, the forward-looking statements contained in this news release include statements referring to the launch of Brookfield’s AI infrastructure program and related fund-raising targets.

Although Brookfield believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in the United States and Canada, not presently known to Brookfield, or that Brookfield currently believes are not material, could cause actual results to differ materially from those contemplated or implied by forward-looking statements. 

Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release. Except as required by law, Brookfield undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.

FAQ

What did Brookfield (BAM) announce on Nov 19, 2025 about AI infrastructure?

Brookfield announced a $100 billion global AI infrastructure program anchored by BAIIF, which targets $10 billion of equity with $5 billion committed at launch.

How much equity is the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF) targeting and how much is committed?

BAIIF targets $10 billion of equity commitments and has received $5 billion of initial commitments.

What is the Bloom Energy agreement included in Brookfield's AI program?

A $5 billion framework agreement to install up to 1 GW of behind‑the‑meter power solutions for data centers and AI factories.

What role does NVIDIA play in Brookfield's AI program (BAM)?

NVIDIA is a founding investor and partner; Brookfield launched Radiant as an NVIDIA Cloud Partner to build NVIDIA DSX Vera Rubin–ready AI factories.

Will the Brookfield program involve national partnerships and how large are they?

Yes; Brookfield announced landmark partnerships in France and Sweden supporting national AI ambitions with up to $30 billion of combined investment.

How will BAIIF deploy the planned $100 billion of AI infrastructure capital?

BAIIF will invest across the full AI value chain—land, power, data centers, compute, and strategic adjacencies—using equity, co‑investors and financing.