The head of the Japan unit of major Canadian asset management firm Brookfield has voiced plans to promote investments in artificial intelligence data centers that can process large amounts of data.<\/p>\n
During a recent interview, Luke Edwards said, \u201cBuilding out data centers requires detailed knowledge of the sector and the power system, and we have knowledge of both.\u201d<\/p>\n
He also expressed confidence in building power systems for data centers.<\/p>\n
Brookfield plans to invest over $10 billion, or some \u00a51.6 trillion, in Japan over the next five years. As the first step, it acquired the headquarters building of major Japanese advertising agency Dentsu in Tokyo\u2019s Shiodome area for some \u00a5300 billion.<\/p>\n
While it is unclear how much of the planned investments will be allocated to data centers and other related facilities, Edwards said, \u201cAs one of the world\u2019s largest owners and operators of power-related infrastructure, we are unique in the market with the knowledge we possess.<\/p>\n
\u201cGoing forward, in addition to expanding infrastructure, we would like to work with major Japanese utilities and companies to invest in the replacement and upgrading of aging infrastructure,\u201d he said.<\/p>\n
Meanwhile, he stopped short of commenting on whether Brookfield had applied for a partnership with Tokyo Electric Power Company Holdings (Tepco).<\/p>\n
In 2018, Brookfield acquired major U.S. nuclear energy firm Westinghouse Electric from Japanese machinery maker Toshiba.<\/p>\n
Brookfield has around $1.3 trillion in assets under management.<\/p>\n","protected":false},"excerpt":{"rendered":"The head of the Japan unit of major Canadian asset management firm Brookfield has voiced plans to promote…\n","protected":false},"author":2,"featured_media":99662,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1660,4894,17,3452],"class_list":["post-99661","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ai","tag-brookfield","tag-canada","tag-investments"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/99661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=99661"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/99661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/99662"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=99661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=99661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=99661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}