Report: Brookfield Asset Management to launch cloud business focused on lower cost AI infrastructure
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2 Articles
Amazon stock slips today in premarket as Brookfield cloud push keeps AI spending under scrutiny
January 2, 2026, 05:23 ET — Premarket Amazon.com shares slipped 0.7% in premarket trading on Friday, the first U.S. trading day of 2026 after markets were shut for the New Year holiday. The stock was at $230.82, versus its last close of $232.51. The early dip matters because Amazon sits at the center of two themes investors have leaned on — cloud computing and artificial intelligence — while they also scrutinize how much cash the industry is pou…
Report: Brookfield Asset Management to launch cloud business focused on lower cost AI infrastructure
Brookfield Asset Management Ltd., one of the world’s largest alternative investment management firms, could become an unlikely rival to cloud infrastructure giants such as Amazon Web Services Inc. and Microsoft Corp. A report in The Information yesterday suggests it’s planning to launch a cloud computing business that would lease artificial intelligence chips directly to customers. […] The post Report: Brookfield Asset Management to launch cloud…
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