Brookfield to Invest $10 Billion Building AI Hub in Sweden
Brookfield Asset Management plans to invest up to 95 billion kronor ($9.9 billion) developing artificial intelligence infrastructure in Sweden that will take 10 to 15 years to construct.
The New York-based asset manager plans to purchase additional land at a site in Strangnas — some 55 miles west of Stockholm — that will eventually house a 750-megawatt data center, more than doubling its previous plan, according to a statement on Wednesday. The so-called AI factory will be the first of its kind in the Nordic nation, Brookfield said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
Germany Data Center Portfolio Report 2025: Detailed Analysis of 186 Existing Data Centers, 40 Upcoming Data Centers, and 72 Operators/investors
Unlock in-depth insights into the Germany data center market with our Excel database product. Delve into comprehensive portfolio analysis featuring 186 active and 40 upcoming colocation data centers across key locations like Frankfurt, Berlin, Munich, and more. Evaluate existing and upcoming white-floor space, IT load capacities from 2025-2029, and retail colocation pricing. Discover that future data center power capacity will be nearly 1.8x existing levels, driven by developments from top players like NTT DATA and CyrusOne. Gain details on dominant operators like Digital Realty and new entrants such as Lidl. Ideal for REITs, construction contractors, and advisory firms seeking strategic insights. Dublin, June 06, 2025 (GLOBE NEWSWIRE) -- The "Germany Existing & Upcoming Data Center Portfolio" database has been added to offering. Frankfurt continues to be the main hub, hosting both current and future data center capacity. The upcoming data center power capacity is nearly 1.8x higher than the current existing capacity, indicating strong growth in the German market. NTT DATA, VIRTUS Data Centres, Maincubes, and CyrusOne are leading the upcoming supply with large-scale developments. Digital Realty, Equinix, and CyrusOne remain dominant players in the existing market. The upcoming rack capacity is expected to reach over 330,000 racks. New market entrants like Lidl (Schwarz Group), Goodman, and PGIM Real Estate are boosting supply through sizable developments. Operators like CloudHQ, STACK Infrastructure, Colt DCS, and SDC Capital Partners are also expanding their presence in Germany. Key Market HighlightsThis database (Excel) product covers the Germany data center market portfolio analysis, which will provide the following information on the colocation data centers: Detailed Analysis of 186 existing data centers Detailed Analysis of 40 upcoming data centers Locations covered: Alsbach-Hahnlein, Berlin, Bochum, Bonn, Cologne, Dortmund, Dresden, Dusseldorf, Ellhofen, Falkenstein, Frankfurt, Goppingen, Hallstadt, Hamburg, Hanau, Hannover, Herne, Hof, Jena, Karlsruhe, Langen, Leipzig, Leverkusen, Ludwigshafen, Munich, Nuremberg, Rhein-Ruhr, Saarland, Stuttgart. Existing white-floor space (square feet) Upcoming white-floor space (square feet) Current IT load capacity (2025) Future capacity additions (2025-2029) Retail Colocation Pricing Quarter Rack (1/4) Half Rack Cabinets 1/2 Full Rack Cabinet (42U/45U/47U/etc.) Wholesale colocation per kW pricing Existing Data Centers (186 Facilities) Market Snapshot Location (Region/Country/City) Facility Address Operator/Owner Name Data Center Name i.e., (Frankfurt I or STU1) Core & Shell Area (White-Floor Area) Core & Shell Power Capacity (IT Load Capacity) Rack Capacity Year of Operations Design Standards (Tier I - IV) Power/Cooling Redundancy Upcoming Data Centers (40 Facilities) Investment Snapshot Location (Region/Country/City) Investor Name Area (White-Floor Area) Power Capacity (IT Load Capacity) Investment ($ Million) Electrical Infrastructure Investment ($ Million) Mechanical Infrastructure Investment ($ Million) General Construction Services Investment ($ Million) Announcement Year Project Status (Opened/Under Construction/Announced & Planned) Active or Expected Year of Opening Target Audience Data center Real Estate Investment Trusts (REIT) Data center Construction Contractors Data center Infrastructure Providers New Entrants Consultants/Consultancies/Advisory Firms Corporate and Governments Agencies Key Topics Covered: 1. About the Database2. Scope & Assumptions3. Definitions4. Snapshot: Existing & Upcoming Data Center Facility5. Existing Data Center Database6. Upcoming Data Center Facility7. Existing vs. Upcoming Capacity (Infographics)8. Colocation PricingThe major Operators/investors covered in this Germany Data Center Colocation Market Database include: 3U Telecom Aixit Artfiles AtlasEdge Bluestar Datacenter Carrier Colo Centron China Mobile International (CMI) CloudHQ Cogent Communications Colt Data Centre Services Comarch Comtrance Contabo CyrusOne DARZ Data Castle Data Center Partners (DCP) dataR Digital Realty DOKOM 21 EdgeConneX EMC HostCo envia TEL Equinix EVF Data Center FirstColo Global Switch Goodman GRASS-MERKUR Green Mountain & KMW GTT Communications Hetzner Online IPHH (Internet Port Hamburg) Iron Mountain ISPpro Internet ITENOS LEW (Lechwerke AG - Lidl (Schwarz Group) Lumen Technologies Maincubes Mainova WebHouse MK NETZDIENSTE myLoc managed IT (WIIT) NDC-GARBE Data Centers NET-BUILD NewTelco nLighten Noris Network NorthC NTT DATA Penta Infra Pfalzkom PGIM Real Estate Planet IC PlusServer Portus Data Centers PYUR (HL KOMM) ratiokontakt SDC Capital Partners SpeedBone STACK Infrastructure STACKIT Telehouse Telemaxx TMR Telekommunikation Mittleres Ruhrgebiet Trusted-Colo TWLKOM Vantage Data Centers VIRTUS Data Centres WIIT AG Yondr For more information about this database visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
41 minutes ago
- Bloomberg
LSE's Walker Says UK Needs Local Investment Push to Stem Exodus
The British government should step in to help improve liquidity in the country's public markets by encouraging more domestic investment, the deputy chief executive officer of the London Stock Exchange said. 'The UK has one of the lowest domestic investment rates in our home capital markets of any comparable country, and that hinders our growth,' Charlie Walker said in a Friday interview on BBC Radio 4.
Entrepreneur
an hour ago
- Entrepreneur
Kosmc AI Raises Pre-Seed Round to Power AI-Driven Social Commerce
The fresh funding will be used to enhance Kosmc AI's no-code product suite, deepen affiliate integrations, and scale operations across India and Southeast Asia. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Delhi-based startup Kosmc AI has secured USD 200,000 in pre-seed funding from undisclosed angel investors across India and the Middle East to expand its AI-led social commerce infrastructure. The funding will be used to enhance Kosmc AI's no-code product suite, deepen affiliate integrations, and scale operations across India and Southeast Asia. The startup is on a mission to simplify how creators and direct-to-consumer (D2C) brands monetise content and engagement across platforms like Instagram, WhatsApp, and Telegram. Founded in 2024 by Ankur Gupta and Manavta Narula, Kosmc AI is building infrastructure that bridges the gap between social media engagement and actual commerce. The startup claims to have already supported over 160,000 monthly active users in more than 25 countries. "Social platforms are now where discovery and engagement begin, but monetisation still relies on traditional e-commerce systems," said Ankur Gupta, Founder and CEO of Kosmc AI. "Kosmc is building infrastructure that allows individuals and brands to convert conversations and content into commerce—without needing code, commissions, or technical complexity." Kosmc AI offers a powerful suite of four tools: Link-in-bio storefronts for selling directly via social media for selling directly via social media Chat automation tools for handling customer conversations for handling customer conversations Smartlinks to simplify mobile checkout journeys to simplify mobile checkout journeys Affiliate infrastructure that connects creators with D2C brands The company's no-code approach empowers digital-first entrepreneurs, content creators, and early-stage brands to own their commerce journey in a mobile-first, creator-led economy. Co-founder and COO Manavta Narula added, "The company's mission is to make the digital economy more accessible. Commerce today needs to be creator-first, mobile-native, and frictionless. We are building tools that allow anyone to own their narrative, engage meaningfully, and earn from their presence online without heavy dependencies." As the creator economy continues to surge, Kosmc AI positions itself at the forefront—enabling seamless monetisation where content, community, and commerce converge.
