Artificial intelligence is driving high demand for the infrastructure that powers it. Behind every AI platform are energy-intensive data centers that require advanced technology, renewable energy, and resilient design. These facilities form the physical backbone of the digital economy.

The recent announcement from OpenAI and Oracle about their new site in Wisconsin is part of a larger two-gigawatt initiative.¹ We believe this expansion underscores how global capital is flowing toward digital infrastructure investments that support both innovation and sustainability. For long-term investors, it represents more than a headline. It reflects where opportunity, scale, and environmental responsibility could converge.

Why It Matters for Investors

Digital infrastructure has evolved from a niche investment into a recognized asset class for institutional and ultra-high-net-worth investors. AI data centers, fiber networks, and cloud platforms now support the systems that drive business, communication, and innovation. These assets combine the steady income of real estate with the growth potential of technology.²

Key factors driving investor interest may include:²

• Long-term yield potential with inflation protection.
• Lower correlation to equities and fixed income.
• Growth tied to AI, data storage, and cloud computing.
• Integration with renewable energy and efficient power systems.

The Growing Opportunity in AI Infrastructure

The rapid expansion of AI infrastructure and sustainable data centers is creating new potential within private markets. The collaboration between OpenAI, Oracle, and Vantage illustrates how large-scale investment is linking technology growth with renewable power and real assets.³

Digital infrastructure is increasingly viewed in the industry as a potential long-term asset class that can complement traditional holdings. Facilities that support AI workloads, cloud computing, and data storage generate consistent, inflation-linked revenue while contributing to the modernization of power grids and energy systems.²

Areas showing growing potential may include:^1,2

• Private market strategies exploring opportunities in next-generation infrastructure and renewable energy.
• Energy and power platforms advancing solar, wind, storage, and grid modernization.
• Alternative credit opportunities supporting development and financing of large-scale infrastructure projects.
• Real asset investments positioned to benefit from the intersection of technology, sustainability, and long-term global growth.

Sources

1. Reuters. “OpenAI, Oracle Announce Stargate Data Center Site in Wisconsin.” 2025.
2.  IFM Investors. “Infrastructure Horizons 2025: How Emerging Trends in Infrastructure Will Change the World.” March 31, 2025.
3. Vantage Data Centers. “OpenAI, Oracle, and Vantage Announce Wisconsin Site.” 2025.
4. OpenAI. “Five New Stargate Sites.” 2025.

For qualified investors only. This material is for informational purposes and does not constitute investment advice or an offer to buy or sell any security. Past performance is not indicative of future results.

AI and digital infrastructure investments involve several key risks. Financial risk stems from significant upfront capital requirements for land, construction, and specialized equipment, creating high costs and long payback periods. Operational risk includes potential cost overruns, construction delays, and dependence on local power and network infrastructure. These assets also present illiquidity risk, as they are long-term private investments with limited exit options. Valuation risk arises from elevated pricing and potential volatility, particularly in changing interest rate environments. Tenant concentration risk can occur when revenues rely heavily on a few major tenants or hyperscalers, increasing exposure if leases are renegotiated, vacated, or defaulted upon.