These Top Dividend Stocks Are Investing Another $21 Billion to Support AI by 2030

Artificial intelligence (AI) has the potential to be a transformative technology. It can help improve decision-making, increase efficiency, and create more personalized experiences. These benefits are leading companies to pour billions of dollars into developing AI tools. The technology will also require a tremendous investment in infrastructure to support its data and power needs. That's providing many new investment opportunities for leading infrastructure investor Brookfield Asset Management (NYSE: BAM) and two of its affiliates, Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) and Brookfield Renewable (NYSE: BEPC)(NYSE: BEP). They're planning to pour 20 billion euros (nearly $21 billion) into supporting the deployment of AI infrastructure in France by 2030. That investment should give this trio plenty of power to continue growing their high-yielding dividends in the coming years.Brookfield Asset Management is a leading global alternative asset manager. It has over $1 trillion in assets under management across infrastructure, renewable power and transition, private equity, real estate, and credit. The investment firm has invested heavily in major global themes like digitalization and decarbonization through its funds and listed affiliates. For example, in 2023, Brookfield Asset Management and Brookfield Infrastructure acquired a stake in French data center operator Data4. They deployed $2.5 billion into the company to enter the European data center market. That deal was one of several data center platform acquisitions Brookfield has made in recent years to build out its global platform. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool