Deals: Brookfield invests in AI, battery storage

Brookfield Bets Big on AI Boom

Brookfield Asset Management CEO Connor Teskey joined Bloomberg Open Interest to talk about how the firm is on track for a record-breaking fundraising year, fueled by surging demand for AI and infrastructure investments. He explains why the biggest challenge isn't capital. Instead, it's finding operators capable of building the next generation of data centers, power, and digital infrastructure fast enough. (Source: Bloomberg)

Naver taps Brookfield for up to US$9 billion in data center financing

Naver is considering an asset-light structure for a US$10 billion data center expansion under which a Brookfield-led investment vehicle would own GPUs and other infrastructure. At the same time, a Naver subsidiary would sell computing capacity and related services to customers.

Asia’s wealthy investors turning to private markets as AI stocks look ‘frothy’: Brookfield

Alternatives space offers cheaper entry point to AI infrastructure than public equities, says the global asset manager Read more at The Business Times.

NVIDIA's Vera CPU Accelerates AI Storage Processing by 3x

NVIDIA's Vera CPU benchmarks show 3x gains in encryption, recovery, and compression, redefining AI-native storage capabilities. (Read More)

Deals: Brookfield invests in AI, battery storage

Brookfield Asset Management Ltd. is investing up to US$9 billion in an expansion of a South Korean data centre in partnership with leading chip-maker Nvidia Corp. Nvidia will invest $1 billion into Korean tech and internet company Naver Corp., and Naver will fund the remainder of the AI infrastructure expansion at its GAK Sejong hyperscale data centre to 200 megawatts by 2028, from the initially planned 55 megawatts. The AI factory will be built…