Brookfield Asset Management is preparing to launch its own cloud computing business as global demand for data centres and AI infrastructure continues to surge. Traditionally known for owning and operating large-scale infrastructure assets, Brookfield is now moving beyond being just a landlord of data centres to offering computing capacity directly to customers. This marks a strategic shift as the company looks to capture more value from the rapid expansion of AI-driven computing needs.
The new cloud business is expected to leverage Brookfield’s extensive investments in data centres, power generation, and real estate. By directly leasing compute capacity and AI-related infrastructure to companies, Brookfield aims to position itself as an alternative to traditional hyperscale cloud providers. This vertically integrated approach allows the firm to control key elements of the AI infrastructure stack, from energy supply to physical facilities and now cloud services.
This move comes at a time of exceptionally heavy spending on data centres worldwide, driven by the explosive growth of artificial intelligence, cloud services, and data-intensive applications. Brookfield has already committed billions of dollars to expanding data centre capacity across multiple regions, betting that long-term demand for high-performance computing will remain strong despite the enormous upfront costs.
By entering the cloud market, Brookfield is setting itself up to compete—at least indirectly—with established players like Amazon, Microsoft, and Google. While it may not target consumer cloud services, its focus on infrastructure-heavy, enterprise, and AI workloads could reshape parts of the cloud ecosystem. The move underscores how AI is blurring traditional industry boundaries, pulling infrastructure giants deeper into technology services as the race to build the backbone of the AI economy accelerates.
