Brookfield Predicts AI Growth Needs $7 Trillion of Capital

WATCH: “There’s a lot of capital that needs to go in,” according to Peer Marshall. “We estimate $7 trillion,” she tells Bloomberg Television.Source: Bloomberg

There’s about $7 trillion of investment needed to finance the rapid growth of artificial intelligence, according to Hadley Peer Marshall, chief financial officer at Brookfield Asset Management.

Brookfield is among a number of big private capital players looking to have a central role in the buildout of AI. The firm is marrying up its infrastructure, renewables and real estate into one AI strategy to “produce holistic solutions because a lot of these are going to be large industrial investments that we need to make,” Peer Marshall said in an interview with Bloomberg TV on Wednesday.