{"id":213727,"date":"2025-12-31T20:34:08","date_gmt":"2025-12-31T20:34:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/213727\/"},"modified":"2025-12-31T20:34:08","modified_gmt":"2025-12-31T20:34:08","slug":"brookfield-to-start-cloud-business-amid-heavy-data-centre-spending-by-ai-firms-media-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/213727\/","title":{"rendered":"Brookfield to start cloud business amid heavy data-centre spending by AI firms: media report"},"content":{"rendered":"<p class=\"c-article-body__text text-pr-5\">Brookfield <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/BN-T\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/BN-T\/\">BN-T<\/a> is starting its own cloud business to \u200blease chips inside data \u200dcentres directly to <a href=\"https:\/\/www.theglobeandmail.com\/topics\/artificial-intelligence\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/artificial-intelligence\/\">artificial intelligence<\/a> developers, The Information reported on Wednesday, in a bid to gain end-to-end control \u200dof \u200bthe AI value chain.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The cloud business will be tied to a new <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-brookfield-partners-with-nvidia-and-kia-on-10-billion-ai\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-brookfield-partners-with-nvidia-and-kia-on-10-billion-ai\/\">US$10-billion AI fund<\/a> that the firm is starting and a cloud company called Radiant that Brookfield will \u2060operate, the report added.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Radiant will have priority to lease any data centres developed under the fund, the report said, citing a person with direct knowledge of the \u200cfirm\u2019s strategy. The \u200dfund is developing data centre projects in France, \u200dQatar and Sweden. <\/p>\n<p class=\"c-article-body__text text-pr-5\">In November, Brookfield \u200claunched a US$100-billion AI infrastructure program, anchored by \u2060the Brookfield Artificial Intelligence Infrastructure Fund, with half of \u200bthe fund\u2019s US$10-billion commitments target fulfilled by a group of institutional and industry partners, including tech bellwether Nvidia and the Kuwait Investment Authority.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/business\/article-brookfield-to-invest-5-billion-with-bloom-energy-to-power-ai-data\/\" rel=\"nofollow noopener\" target=\"_blank\">Brookfield to invest $5-billion with Bloom Energy to power AI data centres<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Brookfield did not immediately respond to Reuters\u2019 \u200brequest for comment.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The move underscores growing unease in the markets about industrial constraints to the burgeoning AI-linked capital expenditures, which have drawn criticism for the pressure they would add to public utilities.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Combined with Brookfield\u2019s energy and real estate-heavy portfolio, \u2060a cloud business would allow the company \u2060to control inputs of the AI value chain in a way \u200cinaccessible to pure-play cloud providers.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Traditional cloud giants such as Amazon, Microsoft, and Oracle, already facing heat to churn returns on their capex, could also be pressured further to optimize energy logistics and \u200ccapital efficiency.<\/p>\n","protected":false},"excerpt":{"rendered":"Brookfield BN-T is starting its own cloud business to \u200blease chips inside data \u200dcentres directly to artificial intelligence&hellip;\n","protected":false},"author":2,"featured_media":213728,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,118874,85,46,125],"class_list":{"0":"post-213727","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-bn-t","12":"tag-il","13":"tag-israel","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/213727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=213727"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/213727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/213728"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=213727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=213727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=213727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}