Brookfield, an American-Canadian global investment firm and Qai, a subsidiary of Qatar Investment Authority (QIA), have announced a US$20 billion joint venture for Qatar’s AI infrastructure development. With strategic support from the Qatari government for skills development and supply chain expansion, the partnership funds integrated AI facilities to support Qatar’s growing digital ecosystem.
The venture aims to strengthen Qatar’s position as a regional hub for AI services. An Integrated Compute center will expand access to high-performance computing and support deployment of AI technologies across key sectors. Brookfield and Qai will also explore co-developing AI infrastructure internationally according to a press release.
Brookfield’s Artificial Intelligence Infrastructure Fund (BAIIF) will bolster the company’s broader global program with a US$ 100 billion investment in AI infrastructure projects.
Mohammed Saif Al-Sowaidi, QIA, CEO, said, “QIA has been at the forefront of driving advancement through our AI investments. This joint venture is testament to QIA’s commitment to delivering both local and global impact to advance Qatar’s National Vision 2030.”
Abdulla Al-Misnad,Qai, Chairman, said, “This partnership with Brookfield marks an important milestone in Qatar’s journey to build world-class AI infrastructure and capabilities. This collaboration will strengthen Qatar’s position as a trusted hub for advanced digital technologies in the region and beyond.”
Bruce Flatt, Brookfield, CEO, said, “This partnership combines Qatar’s strategic vision with Brookfield’s global expertise in developing and operating large-scale, mission-critical infrastructure with global partners and advanced AI technologies across the Middle East.”
The joint venture is expected to play a central role in Qatar’s strategy to expand AI adoption while exploring opportunities for regional and international AI infrastructure development.