Brookfield is entering the cloud business to lease chips to AI developers, aiming for end-to-end control of the value chain. A $10 billion AI fund and Radiant cloud company are part of the plan, with priority leasing for data centers in France, Qatar, and Sweden. Traditional cloud giants may face pressure to optimize energy logistics and efficiency as a result.

Read more at Yahoo Finance: Brookfield to start cloud business amid AI frenzy, The Information reports