Lates News

According to investor documents, Nvidia (NVDA.O) has committed $2 billion to Brookfield Asset Management's global artificial intelligence infrastructure fund. The investment had been previously disclosed, but the latest documents reveal the specific amount for the first time. Brookfield said last year that Nvidia was one of the cornerstone investors in Brookfield's AI infrastructure fund, with the other cornerstone investor being the Kuwait Investment Authority. The fund mainly invests in AI infrastructure construction, including factories, dedicated behind-the-meter power solutions, and computing infrastructure. New York-based Brookfield has become an important player in providing private capital for AI infrastructure construction. The company is raising $10 billion for the AI infrastructure fund, while planning to raise about $50 billion for its infrastructure business over the next two years, with AI set to cover every one of its investment strategies. In addition, Brookfield is also one of the members of the $500 billion AI computing infrastructure financing platform led by Nvidia.