AI Infrastructure Demand Surpasses Supply for Years, Brookfield CEO Warns

Key Findings

Brookfield CEO Connor Teskey has warned of a significant shortage of AI infrastructure, with demand expected to outstrip supply for years. The company's AI infrastructure program, launched in November 2025, aims to address the shortage through data centers, power generation, and compute landscape development.

Historical Context

The global AI boom has led to increased demand for compute and energy infrastructure, with Brookfield estimating the global AI buildout could reach $7 trillion over the next ten years. However, the current supply is insufficient to meet the demand, with a shortage measured in multiples.

Impact and Implications

The shortage is expected to have significant implications for the AI industry, with Teskey warning that no single firm can fund $7 trillion on its own. The company's partner list reflects this, with collaborations including Nvidia, Bloom Energy, Apollo, Blackstone, and KKR.

Market Takeaways

Teskey's thesis depends heavily on hyperscalers and sovereigns continuing to sign long contracts. Regulation is another variable, as permitting rules, grid interconnection policy, and nuclear licensing will shape how quickly new capacity can come online.

Future Outlook

The next signals to track are fundraising progress on the flagship fund, new power partnerships, and whether hyperscaler capital spending keeps pace with Teskey's forecast.