Brookfield Asset Management Ltd. (BAM), an asset management firm, Monday announced that it has agreed to invest $500 million in OpenAI Deployment Company, a newly formed AI deployment platform established in partnership with OpenAI and a group of investors.
The OpenAI Deployment Company aims at enabling large enterprises to move from pilot AI use cases to scaled, enterprise-wide deployment accelerating large-scale adoption.
Brookfield Business Corporation, the flagship listed vehicle of Brookfields private equity business, will lead Brookfields investment in the partnership, BAM said in a statement.
In pre-market activity, BAM shares were trading at $49.51, down 0.46% on the New York Stock Exchange.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.