Brookfield and Qai have announced a strategic partnership to create a twenty billion dollar joint venture focused on artificial intelligence infrastructure in Qatar and selected international markets.
Under this partnership, Brookfield and Qai will provide capital and operational expertise to develop AI infrastructure in Qatar. This includes the creation of fully integrated AI facilities that will support the country’s fast growing digital and AI ecosystem. The Government of Qatar will offer strategic support to help build the skills and supply chain required to advance AI infrastructure and encourage the adoption of AI throughout the country.
The twenty billion dollar joint venture is expected to play a major role in helping Qatar become a leading centre for AI services and infrastructure in the Middle East. An Integrated Compute centre will expand regional access to high performance compute and will enable the use of trusted AI technologies across important sectors. Beyond Qatar, Brookfield and Qai will also explore opportunities to jointly develop and build AI infrastructure in selected international markets.
Brookfield and its partners plan to invest in this venture through the recently launched Brookfield Artificial Intelligence Infrastructure Fund. The strategic partnership with Qai will be a key part of Brookfield’s global AI infrastructure programme, which aims to mobilise up to one hundred billion dollars of total investment worldwide.
Mohammed Saif Al Sowaidi, CEO of QIA, said: “QIA has been at the forefront of driving advancement though our AI investments. This joint venture is testament to QIA’s commitment to delivering both local and global impact. Leveraging on the long term partnership we have with Brookfield, this JV will advance Qatar’s National Vision 2030 and help build a diversified, innovation based economy for future generations.”
Abdulla Al Misnad, Chairman of Qai, said: “This partnership with Brookfield marks an important milestone in Qatar’s journey to build world class AI 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 robust platform to drive responsible AI adoption. This collaboration will not only attract investment and top tier talent, but also strengthen Qatar’s position as a trusted hub for advanced digital technologies in the region and beyond.”
Bruce Flatt, CEO of Brookfield, commented: “We are thrilled to assist Qatar in establishing this investment in next generation AI and digital infrastructure alongside Qai. As our inaugural AI infrastructure investment in the Middle East, this partnership combines Qatar’s strategic vision with Brookfield’s global expertise in developing and operating large scale, mission critical infrastructure with global partners. Together, we look forward to building an integrated AI ecosystem that will accelerate innovation, deepen regional capability, and support the responsible deployment of advanced AI technologies across the Middle East.”
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