RXD

Brookfield’s Radiant Valued at $1.3B After Merger with UK Cloud Startup

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.

Published at 2026-03-01 15:15:18