17:21:46 EDT Thu 18 Sep 2025
Enter Symbol
or Name
USA
CA



Brookfield Asset Management Ltd
Symbol BAM
Shares Issued 1,637,686,648
Close 2025-09-17 C$ 80.82
Market Cap C$ 132,357,834,891
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Globe says BAM sees the humanoid robots coming

2025-09-18 08:12 ET - In the News

The Globe and Mail reports in its Thursday edition that Brookfield Asset Management is partnering with California-based Figure AI Inc. to help train and develop humanoid robots, then put them to work in homes and commercial settings. The Globe's James Bradshaw writes that Figure AI is an artificial-intelligence robotics company that is working to build autonomous, humanlike robots that it hopes will have human-level intelligence and the skills to work on an assembly line or fold laundry. Its partnership with Brookfield has several facets, and the Toronto-based asset manager invested in Figure's latest financing round, which was announced Tuesday and raised more than $1-billion (U.S.), giving the private company a $39-billion (U.S.) valuation. Brookfield will help Figure develop what the AI robotics company claims will be the largest "real-world humanoid pretraining dataset‚" and build AI infrastructure to improve Helix, the model the company is developing to power its robots. The deal comes as Brookfield is in the process of launching an AI infrastructure strategy involving a separate fund starting this fall to make investments in the sector. Brookfield wants to be at the forefront of what it calls "this AI revolution."

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