Investment giant Brookfield has launched a new $100 billion fund focused on AI infrastructure.

Brookfield today announced the launch of a global AI Infrastructure program in partnership with GPU giant Nvidia and the Kuwait Investment Authority (KIA).

Brookfield will anchor the program with the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), which has launched with a target of $10 billion of equity commitments to “invest in the backbone of artificial intelligence.”

BAIIF has already received $5bn 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 $100bn of AI infrastructure assets, ranging from energy and land to data centers and compute.

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 centers, 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 said its BAIIF’s investments will focus on ‘AI factories’ primarily built on Nvidia’s DSX Vera Rubin-ready reference designs; 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. News that Brookfield was planning a major AI-focused investment vehicle surfaced in August.

“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,” added 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.”

Brookfield invests in Bloom and launches cloud provider

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 1GW 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 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 revenue and provide direct support to Brookfield’s Sovereign AI programs. Further details haven’t been shared.

Brookfield has also announced partnerships in France and Sweden to support national AI ambitions with up to $30bn of combined AI Infrastructure investment.

Brookfield Asset Management has more than $1 trillion in assets under management and is one of the largest investment firms in the world. The company has stakes in a number of data center and tower firms – including Centersquare, Compass, and 5C in the US, Data4 in Europe, Ascenty in Latin America, Digital Connexion in India, and DCI in Australia – and is a major investor in energy infrastructure supporting the industry.