Qatar launches Qai, a national AI firm backed by $524 billion sovereign wealth fund

Qatar Sets Up National AI Firm, Following Wealthy Gulf Neighbors

Qatar is establishing a new company to develop and invest in artificial intelligence, joining larger Gulf nations in plowing national resources into the technology. The new entity, called Qai, will operate as a subsidiary of the nation's $524 billion sovereign wealth, Qatar Investment Authority, the firm said in a statement on Monday. Qai will invest in AI infrastructure in Qatar and globally, as well as provide "high-performance computing and a connected suite of tools," according to the statement.

Qatar Launches National AI Firm as Gulf Tech Investments Ramp Up | PYMNTS.com

By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. Qai will invest in AI infrastructure in Qatar and abroad and provide high-performance computing along with a connected suite of tools. The creation of Qai places Qatar alongside other Gulf states that have moved aggressively into artificial intelligence as part of broader economic diversification plans. The United Arab Emirates and Saudi Arabia have launched multibillion-dollar initiatives, including Abu Dhabi's G42 and Riyadh's Humain, aimed at positioning themselves as national champions in AI development. Both countries have also deployed significant capital into global AI startups and infrastructure. Although Qatar has taken what Bloomberg described as a more measured approach, its sovereign wealth fund has stepped up activity, including participation in several Silicon Valley investments such as a round for AI lab Anthropic earlier this year. Abdulla Al-Misnad, an official in the prime minister's office and a board director of Doha Venture Capital, will chair Qai. He said the firm will focus on developing "trusted" AI systems designed to give individuals and companies confidence in how AI tools operate. "We need to be able to give the individuals, the corporates, the different users all the tools they need in order to deploy AI and feel that they trust what AI is doing," he said. Unlike the UAE's G42 or Saudi Arabia's Humain, Qatar does not plan for Qai to build its own large language models. Instead, the company will evaluate and commercialize existing models and work with emerging frontier technologies such as autonomous agents, Al-Misnad said. He described the strategy as aimed at preparing for capabilities expected to mature over the next one to three years. The Middle East has become an important market for global AI players, including OpenAI and Microsoft, who are seeking access to capital and energy resources needed to support large-scale computing. In November, the U.S. approved the sale of tens of thousands of advanced AI chips to G42 and Humain despite earlier geopolitical concerns about the technology reaching China. Qatar would need similar export licenses to obtain cutting-edge semiconductors from Nvidia or AMD. With Qai's launch, Qatar becomes the latest Gulf state to formalize an AI strategy built around sovereign funding, domestic infrastructure and the commercialization of emerging technologies.