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Brookfield Asset Management raised $25 billion in the third quarter, driven by credit and infrastructure, as it positions itself as a major funder of the AI build-out, Bloomberg reports.
Why it mattersThat is a sizeable pool of capital behind the infrastructure AI depends on, though the report does not say how much is earmarked for AI projects. The distinction matters: big fundraising is not the same as a confirmed investment in a particular data centre.
Discuss: Should investors treat infrastructure fundraising as meaningful evidence of AI expansion, or wait for named projects and committed spending?
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