Brookfield, a global investment firm, and Qai, Qatar’s artificial intelligence company and a subsidiary of Qatar Investment Authority (QIA), today announced a strategic partnership to create a $20 billion joint venture. The venture will focus on developing AI infrastructure within Qatar and in selected international markets.

The two companies will contribute capital and operating expertise under the partnership terms. The immediate focus is on investing in AI infrastructure in Qatar, which includes the development of fully integrated AI facilities. This is designed to support the country’s growing digital and AI ecosystem.

The $20 billion joint venture is expected to be vital in helping Qatar achieve its national ambition of becoming a leading hub for AI services and infrastructure across the Middle East. An Integrated Compute centre will be developed to expand regional access to high-performance compute, which will enable the deployment of trusted AI technologies across key sectors.

The Government of Qatar will provide strategic support to the partnership. This includes investment in the skills and supply chain required to establish the necessary AI infrastructure and promote the adoption of AI throughout Qatar. Beyond the initial focus, Brookfield and Qai will also explore opportunities to co-develop and construct AI infrastructure in other international markets.

Brookfield will invest in the venture through its newly launched Brookfield Artificial Intelligence Infrastructure Fund (BAIIF). The partnership with Qai will serve as a cornerstone of Brookfield’s worldwide AI infrastructure programme, which has a stated aim of mobilising up to $100 billion of total investment globally.

Mohammed Saif Al-Sowaidi, CEO of QIA, commented on the deal’s significance. He said: “QIA has been at the forefront of driving advancement though our AI investments. This joint venture is testament to QIA’s commitment to delivering both local and global impact. Leveraging on the long-term partnership we have with Brookfield, this JV will advance Qatar’s National Vision 2030 and help build a diversified, innovation-based economy for future generations.”

Bruce Flatt, CEO of Brookfield, welcomed the collaboration. He commented: “We are thrilled to assist Qatar in establishing this investment in next generation AI and digital infrastructure alongside Qai. As our inaugural AI infrastructure investment in the Middle East, this partnership combines Qatar’s strategic vision with Brookfield’s global expertise in developing and operating large-scale, mission-critical infrastructure with global partners. Together, we look to building an integrated AI ecosystem that will accelerate innovation, deepen regional capability, and support the responsible deployment of advanced AI technologies across the Middle East.”

Abdulla Al-Misnad, Chairman of Qai, noted the regional impact. He said: “This partnership with Brookfield marks an important milestone in Qatar’s journey to build world-class AI infrastructure and capabilities. 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. This collaboration will not only attract investment and top-tier talent, but also strengthen Qatar’s position as a trusted hub for advanced digital technologies in the region and beyond.”