Zhitong Finance App learned that according to investor documents, NVDA.US (NVDA.US) has invested $2 billion in a global artificial intelligence infrastructure fund under Brookfield Asset Management (BAM.US). This document revealed for the first time the specific scale of this previously announced investment, showing that as global AI computing power construction continues to expand, Nvidia is further extending its capital layout to data centers, electricity, and computing power infrastructure.
Both Nvidia and the Kuwait Investment Authority are cornerstone investors in the Brookfield Artificial Intelligence Infrastructure Fund. Brookfield announced the partnership last year, but did not disclose Nvidia's specific investment amount at the time. The fund plans to raise 10 billion US dollars and focus on investing in global AI infrastructure, including factories to support AI development, dedicated power solutions, and computing infrastructure.
Brookfield accelerates the deployment of AI infrastructure and plans to raise about 50 billion US dollars for the infrastructure business in two years
Brookfield, headquartered in New York, has become one of the key private capital providers for AI infrastructure around the world in recent years. In addition to the plan to raise $10 billion for the AI infrastructure fund mentioned above, the company has also developed a larger capital raising plan.
According to previous reports, Brookfield plans to raise about 50 billion US dollars for its overall infrastructure business over the next two years, and AI will permeate the group's various investment strategies. Meanwhile, Brookfield is a member of an investment consortium led by Nvidia. The consortium promised to finance AI computing projects with a total scale of more than 500 billion US dollars, further reflecting that the AI industry's capital expenditure is extending from the chip itself to a wider range of infrastructure such as data centers, electricity, and computing facilities.
For Nvidia, this $2 billion investment also means that the company, while being the world's largest supplier of AI accelerators, is further participating in AI infrastructure ecosystem construction through capital cooperation. As the demand for AI model training and inference continues to increase, the links between chips, electricity, data centers, and financing capabilities are becoming more and more intense.
Targeting $1.3 trillion in assets, infrastructure will play an important role
Brookfield also announced longer-term asset expansion targets. According to data released by the company on Thursday's Annual Investor Day, Brookfield plans to double the size of assets that can generate management fee revenue to $1.3 trillion by 2031, of which infrastructure is expected to account for about 16%.
This means that infrastructure will continue to be an important pillar of Brookfield's future asset management scale expansion, and AI data centers and related energy infrastructure are expected to become an important investment direction.
However, Brookfield CEO Connor Teskey said the company has set an “extremely high” threshold for new acquisitions. Despite this, Brookfield will continue to look for business opportunities that can reinforce existing investment strategies, including in the credit sector, particularly asset-backed financing, and some private equity and fund distribution businesses.