Brookfield and Qatar launch $20 billion AI infrastructure joint venture

Brookfield and Qai, an artificial intelligence company owned by Qatar’s sovereign wealth fund, have formed a $20 billion joint venture to develop artificial intelligence infrastructure in Qatar and select international markets, the two groups said Tuesday.

The joint venture aims to position Qatar as a leading AI hub in the Middle East, they said, and plans to create an Integrated Compute centre expanding regional access to high-performance computing capabilities.

The Gulf country’s $500 billion sovereign wealth fund said on Monday it was setting up…