Private equity firm Brookfield is launching its own cloud computing business to compete with tech giants like Amazon, arguing it can lower the costs of developing artificial intelligence. The firm, a long-term investor in infrastructure and energy, is positioning itself as the first major investment company attempting to lease chips directly to developers from within data centers, rather than merely owning or developing the physical structures that house them. This new cloud venture will be linked to the company's newly established $10 billion AI fund.
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Brookfield Launches Cloud Business to Reduce AI Development Costs
Deep News2025-12-31
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