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Brookfield is starting cloud company Radiant and a new $10B AI fund, after saying it plans to acquire up to $100B in land, data centers, and power assets for AI (Miles Kruppa/The Information) from Techmeme RSS feed.
Brookfield is starting cloud company Radiant and a new $10B AI fund, after saying it plans to acquire up to $100B in land, data centers, and power assets for AI (Miles Kruppa/The Information)
Miles Kruppa / The Information:
Brookfield is starting cloud company Radiant and a new $10B AI fund, after saying it plans to acquire up to $100B in land, data centers, and power assets for AI — Private-equity firm Brookfield is starting its own cloud business, going up against tech giants like Amazon by arguing it can bring down the costs of developing AI.