AI
Brookfield Asset Management plans $10 billion data centre for AI in Sweden
Brookfield Asset Management (BAM) plans to invest up to 95 billion Swedish crowns ($9.91 billion) to build a data centre for artificial intelligence in Sweden, the Canadian company said in a statement on Wednesday.
BAM said the site in the Swedish city of Strangnas west of Stockholm will create more than 1,000 permanent jobs and around 2,000 jobs during a 10-15 year construction process.
“This investment represents one of Brookfield’s largest AI investments in Europe and extends the partnership with the Swedish government, its public authorities,…
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