M&A
confidence high
sentiment positive
materiality 0.80
Brookfield and Qai form $20B JV for AI infrastructure in Qatar and select global markets
Brookfield Asset Management Ltd.
- Brookfield and Qai (QIA subsidiary) announce $20B joint venture for AI infrastructure in Qatar and select global markets.
- JV will develop fully integrated AI facilities and an Integrated Compute center to support Qatar's digital ecosystem.
- Brookfield plans to invest through its recently launched Brookfield AI Infrastructure Fund (BAIIF), part of a $100B global AI program.
- Strategic support from Government of Qatar; JV advances Qatar National Vision 2030 goal of a diversified economy.
- This marks Brookfield's first AI infrastructure investment in the Middle East.