Brookfield’s AI Unit Radiant Valued at $1.3 Billion After UK Startup…

Sarah J · 2026-03-06T16:49:58.000Z

Global investment giant Brookfield Asset Management has launched its artificial intelligence infrastructure venture Radiant, which has reached a valuation of $1.3 billion following a strategic merger with London-based cloud computing startup Ori Industries. The merger combines Brookfield’s large-scale infrastructure expertise with Ori’s distributed AI platform, aiming to deliver high-performance computing capacity for enterprises and governments. The deal also included fresh capital from Brookfield, while all existing investors in Ori rolled their stakes into the newly formed company Radiant. Radiant has been created to address the growing global shortage of AI computing infrastructure. The company will provide on-demand access to AI chips and scalable computing resources, helping organizations deploy artificial intelligence workloads more efficiently and at lower cost. Following the merger, Mahdi Yahya, founder of Ori Industries, will serve as President of Radiant, while Vishal Padiyar will take on the role of Executive Chair. The leadership team aims to combine infrastructure and software capabilities to improve performance and reduce costs for large-scale AI deployments. Radiant is also one of the first initiatives under Brookfield’s AI Infrastructure Fund, which is targeting $10 billion in commitments and could potentially scale up to $100 billion with co-investments. The fund has partnered with technology and energy companies, including Nvidia and Bloom Energy, to support the development of data centers and power infrastructure for AI workloads. The move reflects the intensifying global race to build advanced AI infrastructure, as demand for high-performance computing continues to surge across industries worldwide.

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Brookfield’s AI Unit Radiant Valued at $1.3 Billion After UK Startup… | SEINET