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2025-12-09 18:30
Brookfield Asset Management (BAM) and Qatar Investment Authority are teaming up to establish a $20 billion joint venture to invest in artificial-intelligence infrastructure in Qatar and select international markets.
Under the partnership, Brookfield and Qai, an artificial intelligence company headquartered in Qatar and a subsidiary of Qatar Investment Authority, will contribute capital and operating expertise to invest in AI infrastructure in Qatar, including the development of fully integrated AI facilities, to support the country’s rapidly expanding digital and AI ecosystem.
The partnership will benefit from strategic support from the Government of Qatar to invest in the skills and supply chain needed to support the backbone of AI infrastructure and the adoption of AI throughout Qatar.
Beyond Qatar, Brookfield and Qai will explore opportunities to co-develop and construct AI infrastructure in select international markets.
The strategic partnership will form a cornerstone of Brookfield’s global AI infrastructure program, which aims to mobilize up to $100 billion of total investment globally.
Source: Press Release