Benzinga·2025-11-19 16:28Core Insights - Brookfield Asset Management Inc. has launched a new program to develop AI infrastructure globally, partnering with NVIDIA Corporation and the Kuwait Investment Authority [1][4] - The initiative is centered around the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), which aims to secure $10 billion in equity commitments and target total asset deployment of up to $100 billion [2][3] Strategic Foundations - Brookfield currently manages over $100 billion in digital infrastructure and clean power assets, viewing this new initiative as a natural extension of its existing portfolio [4] - The fund is backed by founding investors NVIDIA and KIA, which will help shape its strategic direction [4] Investment Focus - BAIIF will invest in four primary verticals: AI factories based on NVIDIA's DSX reference design, behind-the-meter power solutions for data centers, compute infrastructure for enterprises and governments, and adjacent capital partnerships along the AI value chain [5] - The fund has already secured approximately $5 billion in commitments from institutional and industry partners [5] Partnerships and Commitments - Brookfield has established a framework agreement with Bloom Energy Corporation to install up to 1 GW of behind-the-meter power for AI data centers [6] - The company is also pursuing landmark partnerships in France and Sweden, potentially totaling up to $30 billion in combined infrastructure commitments [6]