Brookfield, KIA and Nvidia launch $100B AI infrastructure plan
First $10 billion fund announced, $5 billion already committed
#Canada #Kuwait #datacentres - Canadian alternative asset manager Brookfield Asset Management has launched a $100 billion global AI infrastructure programme. The initiative is anchored by the $10 billion Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), formed in partnership with NVIDIA and Kuwait’s sovereign wealth fund the Kuwait Investment Authority (KIA). The new fund has already secured $5 billion in capital commitments from institutional and industry partners including Brookfield, NVIDIA and KIA. Together with additional co-investor capital and financing, the fund will acquire up to $100 billion of AI infrastructure assets across the value chain spanning energy and land to data centres and compute capacity.
SO WHAT? - Brookfield’s AI infrastructure programme is one of the largest dedicated infrastructure investment initiatives to be announced so far. As enterprises, technology firms and sovereign governments race to secure AI computing capacity amid supply constraints, capital-hungry AI-ready infrastructure has emerged as a critical bottleneck. Brookfield’s existing portfolio of over $100 billion in digital infrastructure and clean power assets positions the firm to deliver turnkey solutions at speed. Meanwhile, the initiative harnesses Kuwait Investment Authority’s recent pivot to global AI infrastructure investing.
Here are some key points regarding the new programme:
Canada-based Brookfield Asset Management has announced a $100 billion global AI infrastructure programme, anchored by the $10 billion Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), in partnership with NVIDIA and Kuwait’s sovereign wealth fund the Kuwait Investment Authority (KIA).
The fund will focus on investing in physical infrastructure assets 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 for governments and global enterprises, and strategic adjacencies across the AI value chain.
According to Brookfield, the fund will prioritise investments backed by highly creditworthy counterparties and contracted cash flows, providing institutional investors with exposure to AI infrastructure buildout whilst maintaining traditional infrastructure investment risk profiles through long-term agreements.
The global AI infrastructure buildout is expected to require $7 trillion of capital over the next ten years. Brookfield compares the scale to formation of the modern power grid and global telecommunications networks but unfolding at greater pace and larger scale than historical infrastructure transformations.
The fund has secured seed investments including a $5 billion framework agreement with US fuel cell company Bloom Energy to install up to 1 Gigawatt of behind-the-meter power solutions for data centres and AI factories, addressing power constraints facing computing facilities.
Brookfield is launching Radiant, a new NVIDIA Cloud Partner, to provide full-stack AI services leveraging the firm’s access to land, power and data centres globally. The company will build AI factories based on NVIDIA DSX reference design to offer rapid deployment and support sovereign AI programmes.
The Canadian asset manager has announced partnerships in France and Sweden to support national AI ambitions with up to $30 billion of combined AI infrastructure investment. The partnerships seem to demonstrate sovereign government interest in securing domestic computing capacity through private capital arrangements.
Brookfield Asset Management operates as a leading global investment firm with over $100 billion already invested in digital infrastructure and clean power assets, positioning it to deliver integrated infrastructure solutions required for next-generation AI deployment at scale.
ZOOM OUT - Kuwait Investment Authority’s participation in Brookfield’s programme follows the sovereign wealth fund’s June 2025 entry into the $100 billion AI Infrastructure Partnership. Established in September 2024 by US asset manager BlackRock, infrastructure specialist Global Infrastructure Partners, Microsoft and Abu Dhabi sovereign technology fund MGX, the partnership targets $30 billion in equity capital mobilisation with potential to reach $100 billion including debt financing for AI data centres and energy solutions. Ranked as the fifth-largest sovereign wealth fund globally with over $1 trillion in assets, Kuwait Investment Authority is now positioning itself among Gulf sovereign investors making multi-billion plays into global AI infrastructure development. The participation in multiple AI infrastructure initiatives marks a new strategic interest for KIA, following massive investments by Saudi Arabia and the UAE sovereign funds in global AI infrastructure.
[Written and edited with the assistance of AI]
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Kuwait joins $100 billion AI infrastructure partnership (Middle East AI News)