Brookfield Launches Radiant as First Vertically Integrated AI Infrastructure Company Through Merger with Ori Industries

Brookfield Launches Radiant as first vertically integrated AI Infrastructure Company Through Merger with Ori Industries

Targeting multi-trillion market for integrated AI factories built using the NVIDIA DSX reference design over the next decadeRadiant brings together leading positions across the AI value chain and large-scale capital

Brookfield Buys Chips-for-Rent Firm Ori, Revving Up Bet on AI

(Bloomberg) — Brookfield Asset Management bought cloud-computing firm Ori Industries in a bet that governments and tech companies will need chips to win an escalating artificial-intelligence race.

Brookfield acquires Ori to launch AI chip leasing venture

Brookfield Asset Management has acquired cloud-computing startup Ori Industries, merging it into a new entity, Radiant, as part of a push to provide on-demand access to AI chips for governments and tech companies, according to a report by Bloomberg. Financial terms of the deal have not been disclosed. The move targets the growing demand for “GPU-as-a-service” solutions, allowing clients to reduce costs and avoid long waits for chips. Radiant wil…