Brookfield Asset Management’s AI infrastructure unit Radiant was valued at $1.3 billion after merging with London cloud firm Ori Industries, sources and a Reuters document show. The deal — associated with ticker RXD — marks a significant push into large-scale AI and compute services.
Brookfield Asset Management’s AI infrastructure unit Radiant was valued at $1.3 billion after merging with London cloud firm Ori Industries, according to sources and a Reuters document. The move, referenced with ticker RXD, reflects growing investor interest in specialized AI and cloud infrastructure.