Brookfield (BAM) Plans AI Data Centers in Canary Wharf with Nvidia

AI Summary

Brookfield Asset Management (BAM) aims to establish AI data centers in London's Canary Wharf. CEO Connor Teskey highlighted AI infrastructure as the firm's most significant focus. Brookfield has a global multi-gigawatt data center portfolio and emphasizes the investment potential in the AI sector, especially in Europe where there is no major local hyperscaler. The company launched an AI infrastructure fund anchored by Nvidia in November 2022 to further advance this initiative.