Brookfield and Qai, Qatar’s artificial intelligence company and a subsidiary of Qatar Investment Authority (QIA), have formed a strategic partnership to establish a $20 billion joint venture dedicated to developing advanced AI infrastructure in Qatar and select global markets. 

Under the agreement, both organizations will contribute capital and operational expertise to build fully integrated AI facilities that support high-performance computing, data processing, and large-scale model deployment. The initiative will receive strategic support from the Government of Qatar and is designed to help the country become a leading regional hub for AI services and infrastructure. 

The joint venture marks a major cornerstone in Brookfield’s recently launched Artificial Intelligence Infrastructure Fund (BAIIF), which aims to mobilize up to $100 billion of investment globally into mission-critical digital infrastructure. Beyond Qatar, Brookfield and Qai will pursue opportunities to co-develop similar facilities in other key international markets. 

“Leveraging 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,” said Mohammed Saif Al-Sowaidi, CEO of QIA. 

Bruce Flatt, CEO of Brookfield, added: “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.”