The Globe and Mail reports in its Friday edition that Brookfield Corp. says it can manage the risks in financing the expanding cost of computing power for artificial intelligence through a $500-billion partnership with chipmaker Nvidia and other financial-sector heavyweights (all figures U.S.). The Globe's James Bradshaw writes that until recently, Brookfield had largely focused on backing the development of new AI infrastructure, such as data centres and the huge amounts of energy needed to run them. Now, Brookfield Corp. is one of six major financial institutions, including Blackstone and Goldman Sachs Group, that plan to jointly raise as much as $500-billion to finance the purchase of chips needed to support the rapid expansion of the AI sector. "We're very excited about the opportunity," Brookfield Corp. chief financial officer Nick Goodman said on a Thursday conference call discussing the company's second-quarter financial results. "Compute is the critical part of the infra stack supporting AI," he said, referring to the different layers of infrastructure behind the technology. Brookfield Corp. is the parent company of Brookfield Asset Management, which oversees more than $1-trillion of assets.