The investment is part of the New York-based asset manager’s efforts to secure the infrastructure needed to power AI technology.

By Supantha Mukherjee STOCKHOLM (Reuters) -Brookfield Asset Management plans to invest up to 95 billion Swedish crowns ($9.9 billion) to build a data centre for artificial intelligence in Sweden, the Canadian company said in a statement on Wednesday.

Brookfield Asset Management plans to invest up to 95 billion kronor ($9.9 billion) developing artificial intelligence infrastructure in Sweden that will take 10 to 15 years to construct.