What is the Qatar and Brookfield joint venture for?

The joint venture aims to develop artificial intelligence infrastructure, positioning Qatar as a leading AI hub and expanding access to high-performance computing.

How much is Brookfield investing in Qatar's AI future?

Brookfield is investing through its AI Infrastructure Fund as part of a $20 billion joint venture with Qai.

What is Qai and its role in Qatar's AI strategy?

Qai is Qatar's national AI company, established by its sovereign wealth fund, and is partnering with Brookfield to drive AI infrastructure development.

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

Brookfield, Qatar JV to Build AI Hub

9 Dec

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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 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.