(Bloomberg) -- Anthropic PBC has struck a $10 billion deal for computing capacity from a months-old infrastructure startup, according to people familiar with the matter, marking the Claude maker’s latest effort to keep pace with demand for its products. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamMamdani Dismisses Business Leaders Advi
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(Bloomberg) -- Volta Infra Holdings Ltd., a new artificial intelligence cloud company, has raised $300 million in venture funding and secured an additional $5 billion worth of financing to help a wider mix of technology companies gain access to costly AI chips. The funding, set to be announced Tuesday, values Volta at $2.4 billion, and was co-led by Andreessen Horowitz and Altimeter Capital. Nvidia Corp. and Michael Dell also participated. Azora, the asset-management firm providing the financing
Brookfield Infrastructure Partners (NYSE:BIP) reported second-quarter funds from operations of $702 million, or $0.89 per unit, up 10% from a year earlier, as inflation-linked utility rates, higher transportation and midstream activity, new data projects and recently completed investments supported
Safehold (NYSE:SAFE) reported second-quarter results marked by increased ground lease originations, new private capital transactions and continued growth in its estimated unrealized capital appreciation account. GAAP revenue for the quarter was $114.6 million, while net income was $30.2 million, or
Westinghouse Electric says it plans to start construction on 10 new reactors in the U.S. by 2030. Its IPO could be a blockbuster.
Nuclear technology and services supplier Westinghouse Electric has confidentially filed a draft registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock
A partnership of energy, infrastructure and utility companies plan to develop a data center campus on the Energy Department’s Paducah site in western Kentucky, repurposing the land as part of a privately-funded project.
Brookfield Asset Management and NextEra Energy are developing a $100 billion data center campus in Paducah, Kentucky, a person familiar with the matter said on Wednesday.
(Bloomberg) -- NextEra Energy Inc., the largest US power utility, is teaming up with Brookfield on a more than $100 billion transformation of a shuttered Cold War uranium-enrichment facility in Kentucky into a data center campus with a generating plant.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri A
Bloom Energy (NYSE:BE) reported record second-quarter results for 2026, surpassing $1 billion in quarterly revenue for the first time as data-center deployments accelerated and profitability expanded. The company raised its full-year revenue and operating-income outlook, citing backlog conversion, i
SINGAPORE, July 28 (Reuters) - Brookfield Asset Management expects about 6.5 gigawatts of data-centre capacity for artificial intelligence to come online in India over the next five years, a senior
Brookfield Asset Management expects about 6.5 gigawatts of data-centre capacity for artificial intelligence to come online in India over the next five years, a senior executive said on Tuesday. • Brookfield, a New York-based global alternative asset manager, expects AI inferencing demand in India to grow, Arpit Agrawal, managing partner and head of India and the Middle East for Brookfield's infrastructure group, said.
The companies that manage Kuwait’s oil sector signed a $16 billion lease agreement with a group of investors led by Blackstone, Brookfield and KKR.
Brookfield’s $7B Aypa Power acquisition signals surging demand for large-scale battery storage across North America.
The planned investment could pave the way for a broader multibillion-dollar push into AI infrastructure in South Korea.
(Bloomberg) -- Kuwait has agreed a $16 billion infrastructure partnership with Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. involving its oil-export pipelines, even as the Gulf nation comes under daily attacks from Iran.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandSpaceX at $100 Would Imply Zero AI Value, Morgan St
LXP Industrial Trust (LXP) has agreed to be acquired and taken private by Brookfield Asset Managemen
Brookfield (NYSE:BN) shareholders approved a key transaction resolution at the company’s annual and special meeting, advancing a plan to combine Brookfield Corporation and Brookfield Wealth Solutions Ltd. under a single publicly traded company referred to during the meeting as New BN. Frank McKenna
Brookfield-backed data center provider Csquare's shares opened marginally lower before trading down about 3% in their New York Stock Exchange debut on Thursday, after the initial public offering was priced below its marketed range. Shares opened at $20.9 after the Dallas-based company priced its IPO at $21 per share, below its marketed range of $23 to $27, valuing the firm at $3.24 billion. It was last trading at $20.37.
Industrial Development Funding (IDF) and U.S.-based asset manager Oaktree said on Thursday they will invest $1.7 billion in deploying Bloom Energy's fuel-cell technology to help power AI cloud infrastructure, including dedicated electricity supply for Nebius' AI computing operations. The investment will fund behind-the-meter power generation using Bloom's fuel cells, allowing Nebius to meet growing demand for AI compute capacity, the companies said. IDF is leading the development of the Nebius project, while Oaktree is participating as a minority equity investor.
Data center provider Csquare priced its initial public offering at $21 per share, Bloomberg News reported on Wednesday, citing sources. Brookfield the Dallas-based company's backer, is considering buying a portion of the offering, the report added. Reuters could not immediately verify the report.
(Bloomberg) -- Csquare Inc. priced its initial public offering at $21 per share, according to people familiar with the matter, below a marketed range.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeA Cocaine Bust in Spain Leads All the Way to Wall StreetBrookfie
The Brookfield-backed data center owner and operator is looking to raise $1.25 billion at the midpoint of its marketed range of $23 to $27.
Brookfield's Csquare is expected to start trading July 16.
Ultra-fast fashion retailer Shein is reportedly preparing for a long-anticipated initial public offering (IPO) now set to take place in Hong Kong as early as September or October.
Csquare Inc., Brookfield’s data center platform, plans a $1.35B US IPO as AI-driven infrastructure demand drives sector valuations higher.
Data center provider Csquare is targeting a valuation of up to $4.18 billion in its U.S. initial public offering, riding a wave of investor enthusiasm for companies expected to benefit from the AI boom. The Dallas-based company said on Monday it aims to raise up to $1.35 billion in the IPO by offering 50 million shares at $23 to $27 apiece. New listings in the U.S. have picked up after geopolitical tensions briefly cooled issuance earlier this year, while surging demand for AI computing infrastructure has boosted investor interest in data center operators.
(Bloomberg) -- Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutThe company is
Fuel-cell maker Bloom Energy soared after announcing a fivefold expansion of an AI infrastructure deal with Brookfield Asset Management.