Brookfield Asset Management Just Gave Sweden a License to Print AI Money…

Apparently Brookfield Asset Management woke up, looked at Sweden, and decided “AI, but make it Scandinavian”. The Canadian-American asset behemoth is shoveling SEK 95 billion ($9.9 billion) straight into a 350,000-square-meter patch of Strängnäs in order to drags Sweden’s entire internet backbone kicking and screaming into the AI arms race.

(Source: Giphy) 

The plan, of course, is to expand from a “modest” 300MW hyperscale facility to a power-sucking 750MW monster… which in translation, is enough to make Greta Thunberg break out in hives just thinking about the carbon footprint. Meaning, if you’re a company in northern Europe, congratulations… you’ve just been handed a 15-year subscription to ‘unlimited revenue’. 

(Source: Yahoo Finance) 

Naturally, Sikander Rashid, Brookfield’s head honcho for Europe, practically couldn’t keep his excitement in his pants during the press release: “We are pleased to extend our partnership with Sweden and support their ambitions to become a leading AI hub in Europe.” Translation: we’ve officially received a license to cash checks and snap necks. Oh, and just to add to Brookfields position, Nvidia just announced it’s partnering with every large Swedish conglomerate that isn’t currently busy making vodka or sleds… think: AstraZeneca, Ericsson, Saab, SEB, and Wallenberg Investments to build the country’s biggest AI supercomputer. No site location disclosed, but if you see a sudden surge in housing demand in the middle of nowhere, you’ll know why. Meanwhile, Europe’s been getting clowned by the US and China in the AI infrastructure race, but apparently someone at Brookfield finally found the “YOLO” button on their Bloomberg terminal.

(Source: Data Center Dynamics) 

Financially speaking, Brookfield already manages $1 trillion in assets and have been mainlining digital infrastructure deals across the planet. For reference, they coughed up €20 billion in France earlier this year for another AI megaplex, including €10 billion for what’s being hyped as Europe’s largest AI factory. Plus, their Data4 business is scaling up French capacity by another gigawatt. Simply put, Brookfield is quietly building the backbone for every eurozone AI startup, sovereign cloud, and “ethical facial recognition” scheme for the next two decades.

As for the markets take, this is 100% one of those “slow burn to recurring cash geyser” moves that the average retail investor will sleep on until it’s too late. Data centers aren’t sexy… until you realize they spit out rental income at margins that make commercial real estate look limp. Every hyperscale facility means fat, long-term contracts with everyone from desperate cloud providers to government agencies looking to keep their defense AI from crashing mid-drone strike. 

(Source: Giphy) 

So yeah, Sweden’s getting the upgrade package, and Brookfield is pumping nearly 2% this week on the move. Now obviously, there are some details that remain to be disclosed… but considering how full-send Brookfield is going on Sweden… it’s definitely something to keep an eye on. Meaning, keep your head on the swivel and place your bets accordingly, friends. Until next time… 

Stocks.News does not hold positions in companies mentioned in the article.