Qatar’s new state-owned artificial intelligence company Qai and Canada-based Brookfield are partnering to establish a $20 billion joint venture focused on AI infrastructure in Qatar and international markets.  As part of the deal, Brookfield and Qai, a subsidiary of the Qatar Investment Authority, will contribute capital and operating expertise to develop AI infrastructure in Qatar. The partnership will benefit from support […]Qatar’s new state-owned artificial intelligence company Qai and Canada-based Brookfield are partnering to establish a $20 billion joint venture focused on AI infrastructure in Qatar and international markets.  As part of the deal, Brookfield and Qai, a subsidiary of the Qatar Investment Authority, will contribute capital and operating expertise to develop AI infrastructure in Qatar. The partnership will benefit from support […]

Brookfield and Qatar’s Qai set up $20bn AI joint venture

2025/12/09 20:53
  • Plans for AI infrastructure in Qatar
  • ‘Select’ international markets
  • Aims to attract investment and talent

Qatar’s new state-owned artificial intelligence company Qai and Canada-based Brookfield are partnering to establish a $20 billion joint venture focused on AI infrastructure in Qatar and international markets. 

As part of the deal, Brookfield and Qai, a subsidiary of the Qatar Investment Authority, will contribute capital and operating expertise to develop AI infrastructure in Qatar.

The partnership will benefit from support from the Qatari government, which will invest in skill development and build the supply chain needed to support the backbone of AI infrastructure in the Gulf country, Brookfield said in a statement.

Brookfield and Qai will also explore opportunities to co-develop and construct AI infrastructure in “select” international markets.

The Canadian asset manager intends to invest in the joint venture through its Brookfield Artificial Intelligence Infrastructure Fund. 

The partnership with Qai will form a cornerstone of Brookfield’s global AI infrastructure programme, which aims to mobilise up to $100 billion.

Further reading:

  • Qatar joins other Gulf nations to advance AI
  • KIA joins Brookfield’s $10bn AI initiative
  • The region must innovate to move beyond ‘AI wrappers’

Abdulla Hamad Al Misnad, chairman of Qai, said the collaboration with Brookfield will not only attract investment and top-tier talent but strengthen Qatar’s position as a trusted centre for advanced digital technologies.

Bruce Flatt, CEO of Brookfield, said this was the company’s first AI infrastructure investment in the Middle East.

To diversify its economy and build expertise in fields such as AI, quantum computing and renewable energy, Qatar has been investing in global tech companies, including Elon Musk’s xAI.

Market Opportunity
QuantixAI Logo
QuantixAI Price(QAI)
$75,73
$75,73$75,73
-%0,15
USD
QuantixAI (QAI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Hoskinson Says XRP and Cardano Projects Lead Tokenization Race

Hoskinson Says XRP and Cardano Projects Lead Tokenization Race

Cardano founder Charles Hoskinson says Web3-native platforms already operate at a scale traditional finance has yet to reach. Cardano founder Charles Hoskinson
Share
LiveBitcoinNews2025/12/27 07:59
Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The post Fed forecasts only one rate cut in 2026, a more conservative outlook than expected appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve is projecting only one rate cut in 2026, fewer than expected, according to its median projection. The central bank’s so-called dot plot, which shows 19 individual members’ expectations anonymously, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026. That compares to a median estimate of 3.6% for the end of this year following two expected cuts on top of Wednesday’s reduction. A single quarter-point reduction next year is significantly more conservative than current market pricing. Traders are currently pricing in at two to three more rate cuts next year, according to the CME Group’s FedWatch tool, updated shortly after the decision. The gauge uses prices on 30-day fed funds futures contracts to determine market-implied odds for rate moves. Here are the Fed’s latest targets from 19 FOMC members, both voters and nonvoters: Zoom In IconArrows pointing outwards The forecasts, however, showed a large difference of opinion with two voting members seeing as many as four cuts. Three officials penciled in three rate reductions next year. “Next year’s dot plot is a mosaic of different perspectives and is an accurate reflection of a confusing economic outlook, muddied by labor supply shifts, data measurement concerns, and government policy upheaval and uncertainty,” said Seema Shah, chief global strategist at Principal Asset Management. The central bank has two policy meetings left for the year, one in October and one in December. Economic projections from the Fed saw slightly faster economic growth in 2026 than was projected in June, while the outlook for inflation was updated modestly higher for next year. There’s a lot of uncertainty…
Share
BitcoinEthereumNews2025/09/18 02:59
Sharplink CEO: Stablecoins, RWA, and sovereign wealth funds will drive Ethereum's TVL to grow tenfold by 2026.

Sharplink CEO: Stablecoins, RWA, and sovereign wealth funds will drive Ethereum's TVL to grow tenfold by 2026.

PANews reported on December 27 that Sharplink CEO Joseph Chalom stated that the surge in stablecoins, tokenized RWAs, and the growing interest from sovereign wealth
Share
PANews2025/12/27 08:15