Brookfield Asset Management .(US:BAM) Jing Ji Guan Cha Wang·2026-02-11 14:42Core Insights - The company is set to launch its cloud business aimed at reducing AI development costs through direct leasing of data center chips, competing with tech giants like Amazon [2] - A significant AI infrastructure plan worth $100 billion has been initiated in collaboration with Nvidia and the Kuwait Investment Authority, with another $10 billion AI infrastructure investment in Sweden expected to enter the implementation phase in 2026 [3] - The company holds $13 billion in assets in the Middle East and plans to raise at least $2 billion for a dedicated fund to deepen cooperation with sovereign wealth funds [4] - The company's credit business raised $29 billion in Q4 2025, becoming a core growth driver, with expectations for more asset management scale data or capital operation news in 2026 [5] Business Developments - The cloud business launch is linked to a newly established $10 billion AI fund, with initial operations and customer expansion expected in 2026 [2] Project Progress - The AI infrastructure plan with Nvidia and the Kuwait Investment Authority is a major project, while the Swedish AI infrastructure investment is one of the largest in Europe and is anticipated to move into the implementation stage in 2026 [3] Company Status - The company’s asset holdings in the Middle East include $8 billion in private equity and $5 billion in infrastructure, with plans for a $2 billion fundraising effort [4] Funding Trends - The company’s credit business has become a key growth driver with a significant fundraising achievement in Q4 2025, and further updates on asset management scale are expected in 2026 [5]