Venture

Brookfield and Qai Announce a $20 Billion Joint Venture to Build AI Infrastructure in Qatar and Global Markets

  • Brookfield and Qai launched a $20B joint venture to build fully integrated AI infrastructure in Qatar and select global markets.
  • The project supports Qatar National Vision 2030 by expanding high-performance computing capabilities and accelerating nationwide AI adoption.
  • The partnership forms the cornerstone of Brookfield’s global AI infrastructure program, targeting up to $100B in worldwide investments.

Brookfield and Qai, the artificial intelligence company owned by the Qatar Investment Authority (QIA), announced a major $20 billion joint venture aimed at developing next-generation AI infrastructure in Qatar, with plans to expand into select international markets. The partnership represents one of the largest AI-focused infrastructure commitments in the region and positions Qatar as a rising hub for artificial intelligence and high-performance computing.

According to a statement released by Qai, the joint venture will bring together capital and operational expertise from both organizations to invest in fully integrated AI facilities. These investments will support Qatar’s fast-growing digital transformation and strengthen the national ecosystem for artificial intelligence.

Supporting Qatar’s National Vision 2030

The initiative will benefit from Qatar’s strategic commitment to developing the skills, supply chains, and technological backbone required for a resilient AI infrastructure. This aligns closely with Qatar National Vision 2030, which aims to build a diversified and innovation-driven economy.

A key component of the venture is the development of a fully integrated computing center that will expand regional access to high-performance computing (HPC) and enable the deployment of secure and trusted AI technologies across major economic sectors.

Expanding AI Infrastructure Beyond Qatar

In addition to projects within Qatar, Brookfield and Qai will explore opportunities to co-develop AI infrastructure in select global markets. This expansion aims to meet rising international demand for computing capacity and further solidify the venture’s global footprint.

Backed by Brookfield’s Newly Launched AI Infrastructure Fund

Brookfield and its partners plan to invest in the venture through the recently launched Brookfield AI Infrastructure Fund (BAIIF). The partnership with Qai forms the cornerstone of Brookfield’s global AI infrastructure strategy, targeting up to $100 billion in worldwide investments.

Official Statements

Mohammed Saif Al-Suwaidi, CEO of QIA, said:

“The Qatar Investment Authority has been at the forefront of driving progress through its investments in artificial intelligence, and this joint venture reflects the Authority’s commitment to creating both local and global impact. By leveraging our long-standing partnership with Brookfield, this project will support Qatar National Vision 2030 and contribute to building a diversified, innovation-driven economy for future generations.”

Abdullah Al-Musnad, Chairman of Qai, stated:

“This partnership with Brookfield marks an important milestone in Qatar’s journey to building world-class artificial intelligence infrastructure and capabilities. By leveraging Brookfield’s expertise in developing and managing critical infrastructure, alongside Qai’s mission to deliver trusted AI solutions, we are creating a strong platform to drive responsible AI adoption. This collaboration will also attract global investments and talent, reinforcing Qatar’s position as a trusted hub for advanced digital technologies in the region and beyond.”

Bruce Flatt, CEO of Brookfield, commented:

“We are pleased to support Qatar in establishing this next-generation investment in artificial intelligence and digital infrastructure in partnership with Qai. As our first AI-related investment in the Middle East, this collaboration brings together Qatar’s strategic vision and Brookfield’s global expertise in developing and operating large-scale critical infrastructure with world-class partners. Together, we look forward to building an integrated AI ecosystem that accelerates innovation, strengthens regional capabilities, and supports the responsible deployment of advanced AI technologies across the Middle East.”

Nourhan Fouad

Brookfield and Qai Announce a $20 Billion Joint Venture to Build AI Infrastructure in Qatar and Global Markets

كاتبة محتوى متخصصة، تجمع بين السلاسة والأسلوب الصحفي، تساهم في صياغة مقالات ريادة الأعمال والشركات الناشئة بأسلوب جذّاب وسهل الفهم
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