Private equity firm Brookfield announced that it will launch its own cloud computing business to face competition from tech giants such as Amazon. According to the company, its cloud computing services can effectively reduce the development costs of artificial intelligence. Brookfield has long been deeply involved in infrastructure and energy investment. This time, it will be the first large-scale investment institution to try leasing data center chips directly to developers, breaking the previous business model of only owning or developing physical data center buildings. This cloud computing business will be deeply tied to the company's newly launched $10 billion artificial intelligence special fund and its upcoming cloud computing company Ruidient. According to people familiar with the matter, the special fund is advancing the construction of data center projects in France, Qatar, and Sweden. Brookfield will prioritize leasing all data centers developed under the Radiant Fund, and can also use the traditional model to lease sites to external cloud computing service providers. This move means that Brookfield has officially entered the cloud computing market and competed head-on with industry dominators such as Google, Microsoft, and Amazon, as well as emerging AI cloud computing companies such as CoreWeave and Nebius, which are rapidly rising. Chip giant Nvidia is also supporting Brookfield's cloud computing plans. Nvidia not only participated in investing in the Brookfield Artificial Intelligence Infrastructure Fund, but also helped the company build large-scale server clusters.

Private equity firm Brookfield announced that it will launch its own cloud computing business to face competition from tech giants such as Amazon. According to the company, its cloud computing services can effectively reduce the development costs of artificial intelligence. Brookfield has long been deeply involved in infrastructure and energy investment. This time, it will be the first large-scale investment institution to try leasing data center chips directly to developers, breaking the previous business model of only owning or developing physical data center buildings. This cloud computing business will be deeply tied to the company's newly launched $10 billion artificial intelligence special fund and its upcoming cloud computing company Ruidient. According to people familiar with the matter, the special fund is advancing the construction of data center projects in France, Qatar, and Sweden. Brookfield will prioritize leasing all data centers developed under the Radiant Fund, and can also use the traditional model to lease sites to external cloud computing service providers. This move means that Brookfield has officially entered the cloud computing market and competed head-on with industry dominators such as Google, Microsoft, and Amazon, as well as emerging AI cloud computing companies such as CoreWeave and Nebius, which are rapidly rising. Chip giant Nvidia is also supporting Brookfield's cloud computing plans. Nvidia not only participated in investing in the Brookfield Artificial Intelligence Infrastructure Fund, but also helped the company build large-scale server clusters.