Brookfield Predicts AI Growth Needs $7 Trillion of Capital (1)

There’s about $7 trillion of investment needed to finance the rapid growth of artificial intelligence, according to Hadley Peer Marshall, chief financial officer at Brookfield Asset Management.

Brookfield is among a number of big private capital players looking to have a central role in the buildout of AI. The firm is marrying up its infrastructure, renewables and real estate into one AI strategy to “produce holistic solutions because a lot of these are going to be large industrial investments that we need to make,” Peer Marshall said in an interview with Bloomberg TV on Wednesday.