Investors estimate that the rapid growth of artificial intelligence will require $7 trillion in capital, bringing about $10 trillion in productivity annually. Brookfield Asset Management, managing over $1 trillion in assets, is heavily involved in building AI infrastructure. The company plans to invest $2 trillion in AI factories, $4 trillion in computing infrastructure, and $500 billion in power and transmission. Brookfield sees significant opportunities and is focused on building the backbone of AI.

Consultancy Bain & Co. issued a warning about the financial pressure in the AI sector, estimating that AI firms will need $2 trillion in yearly revenue by 2030 to cover computing power needs. However, they may fall short by $800 billion due to infrastructure costs. OpenAI is currently losing billions but aims to become cash-flow positive by 2029. The mismatch could lead to increased valuation scrutiny of AI companies and strain global supply chains.

Read more at Yahoo Finance: AI growth demands $7 trillion of spending globally, says Brookfield