Brookfield Boosts Bet on AI Infrastructure With New Strategy

Brookfield Asset Management is launching a dedicated strategy focused on developing infrastructure for artificial intelligence as it looks to capitalize on a boom in data centers.

The strategy is designed to “meet the growing demand from hyperscalers, enterprises, and governments for scalable, integrated solutions,” Chief Executive Officer Bruce Flatt and President Connor Teskey said in a letter to investors Wednesday, alongside reporting second-quarter results.