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Brookfield Corporation Launches $11B AI Joint Venture in India, Stock Rises

Brookfield Corporation Launches $11B AI Joint Venture in India, Stock Rises

Author:

Global Cryptocurrency

Published:

2025-11-26 13:17:02

20

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BTCCSquare news:

Shares of Brookfield Corporation (BN) gained traction following the announcement of an $11 billion joint venture aimed at developing AI infrastructure in India. The collaboration with Reliance Industries and Digital Realty (DLR) will establish a 1GW AI data center campus in Andhra Pradesh by 2030 under the banner 'Digital Connexion'. The project targets hyperscalers and enterprises with AI-native facilities designed for high-density workloads.

The initiative underscores India's growing appeal as a hub for next-gen tech investments. Earlier this year, Alphabet (GOOGL) also committed significant resources to the region, signaling a broader trend of institutional capital flowing into Indian digital infrastructure.

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