Brookfield Asset Management CEO Connor Teskey projects that demand for AI-related compute and energy infrastructure will outpace supply through the end of the decade and beyond. The firm estimates the global cost of this infrastructure expansion could reach $7 trillion over the next ten years.
The US faces a significant power deficit, requiring approximately 100 GW of additional capacity for AI, while the existing grid can only provide about 30 GW. To address this 70 GW gap, Brookfield launched a $100 billion global AI infrastructure program in November 2025.
The program includes the Brookfield Artificial Intelligence Infrastructure Fund, which aims for $10 billion in equity and is backed by Nvidia and the Kuwait Investment Authority. The firm is also expanding its partnership with Bloom Energy, targeting $25 billion for quick-deploy fuel cell power solutions.
Teskey, who became CEO in February 2026, believes the structural nature of the shortage will drive cooperation among major firms. Brookfield is currently collaborating with entities including Apollo, Blackstone, and KKR to manage the scale of the required investment.
