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Home / Business and Economy / Brookfield, Qatar JV to Build AI Hub

Brookfield, Qatar JV to Build AI Hub

9 Dec

•

Summary

  • Brookfield and Qai formed a $20 billion joint venture for AI infrastructure.
  • The venture aims to make Qatar a leading AI hub in the Middle East.
  • A new Integrated Compute centre will expand regional high-performance computing.
Brookfield, Qatar JV to Build AI Hub

Brookfield and Qatar's national AI company, Qai, have partnered in a significant $20 billion joint venture focused on developing artificial intelligence infrastructure. This strategic alliance is poised to elevate Qatar's standing as a prominent AI hub within the Middle East region.

A key objective of this collaboration is the establishment of an Integrated Compute centre. This facility is designed to significantly enhance regional access to advanced high-performance computing capabilities, supporting the growing demands of AI development and deployment.

This move aligns with Qatar's broader ambition to become a global AI leader, mirroring investments by neighboring countries like the UAE and Saudi Arabia. The initiative underscores the rapid expansion and substantial investment occurring in the AI sector worldwide.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
The joint venture aims to develop artificial intelligence infrastructure, positioning Qatar as a leading AI hub and expanding access to high-performance computing.
Brookfield is investing through its AI Infrastructure Fund as part of a $20 billion joint venture with Qai.
Qai is Qatar's national AI company, established by its sovereign wealth fund, and is partnering with Brookfield to drive AI infrastructure development.

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Business and Economyside-arrowQatarside-arrowArtificial Intelligence (AI)side-arrow

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