Brookfield’s Radiant Valued at $1.3B After Merger with UK Cloud Startup
Brookfield Asset Management’s newly formed AI infrastructure firm Radiant has been valued at about $1.3 billion following its merger with London-based cloud computing startup Ori Industries, according to three people familiar with the deal and a Reuters document dated Feb. 27, 2026. The combined entity is referenced with the ticker RXD, and the move pushes Brookfield further into high-performance compute and data-center services tailored for AI workloads.
The tie-up matters beyond traditional finance because larger, institutional-grade AI and cloud capacity can directly affect crypto and web3 projects that rely on off-chain compute, real-time data feeds, and machine-learning-driven services. While the valuation signals strong investor appetite, it is based on private reporting and the real test will be operational integration and commercial traction; market participants will watch for service rollouts and any strategic partnerships with blockchain or tokenized infrastructure firms.