Brookfield Invests $10B to Expand Sweden’s AI Infrastructure


Brookfield Invests $10B to Expand Sweden’s AI Infrastructure

📅 - Canadian investment giant Brookfield Asset Management has announced a SEK 95 billion (approximately $10 billion) commitment to bolster Sweden's artificial intelligence infrastructure, marking one of its largest AI-focused initiatives in Europe to date. The investment underscores Sweden's ambition to become a continental leader in AI capabilities and comes as part of a broader collaboration involving government agencies, academic institutions, and private enterprises.

Central to the investment is the construction of a new, large-scale AI facility in Strängnäs, west of Stockholm. Brookfield has secured an agreement for more than 350,000 square meters of additional land, which will allow the [...][... Check source for end of article ...]
Tags: AI

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