Brookfield and Qai, Qatar’s AI company and subsidiary of the Qatar Investment Authority (QIA), partnered to establish a joint USD 20 billion joint venture. It will focus on artificial intelligence infrastructure in Qatar and select international markets.
“This partnership combines Qatar’s strategic vision with Brookfield’s global expertise in developing and operating large-scale, mission-critical infrastructure with global partners,” said Bruce Flatt, CEO of Brookfield.
Under the partnership, both will contribute capital and operating expenses to invest in AI infrastructure in Qatar. This includes the development of fully integrated AI facilities to support the expansion of the nation’s digital and AI ecosystem. Additionally, the partnership will benefit from the support of the Government of Qatar, which will invest in the skills and supply chain needed for AI infrastructure.
On a global level, Brookfield and Qai will explore opportunities to co-develop and construct AI infrastructure in select international markets.
“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,” said Abdulla Al-Misnad, Chairman of Qai.
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