Brookfield to start cloud business amid AI frenzy, The Information reports
Yahoo Finance·2025-12-31 23:53
Dec 31 (Reuters) - Brookfield is starting its own cloud business to lease chips inside data centers directly to artificial intelligence developers, The Information reported on Wednesday, in a bid to gain end-to-end control of the AI value chain. The cloud business will be tied to a new $10 billion AI fund that the firm is starting and a cloud company called Radiant that Brookfield will operate, the report added. Radiant will have priority to lease any data centers developed under the fund, the repo ...