Qatar bets on cheap power to catch up in Gulf AI race

December 17, 2025

, By The Economic Times

Qatar bets on cheap power to catch up in Gulf AI race

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Qatar is banking on its abundant, low-cost energy to make up for lost time in the Gulf’s artificial intelligence race, hoping that cheap power and deep pockets will help it catch up with regional rivals that have already secured a head start.

The launch of Qai, backed by the country’s $526 billion sovereign wealth fund and a $20 billion joint venture with Brookfield, marks Qatar’s most ambitious move yet into a sector that is reshaping global technology and economics.

It joins massive investments in Saudi Arabia, and Abu Dhabi and Dubai in the United…

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Qatar bets on cheap power to catch up in Gulf AI race

December 17, 2025

, Published By The Economic Times

Qatar bets on cheap power to catch up in Gulf AI race

Qatar is banking on its abundant, low-cost energy to make up for lost time in the Gulf’s artificial intelligence race, hoping that cheap power and deep pockets will help it catch up with regional rivals that have already secured a head start.

The launch of Qai, backed by the country’s $526 billion sovereign wealth fund and a $20 billion joint venture with Brookfield, marks Qatar’s most ambitious move yet into a sector that is reshaping global technology and economics.

It joins massive investments in Saudi Arabia, and Abu Dhabi and Dubai in the United…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Why Bhavish Aggarwal shed Ola Electric stake; MoEngage’s $280mn funding

Next News

Psychotherapist Namrata Jain Sounds the Alarm Bells for India’s Silent but Escalating Self-Harm Epidemic

The Economic Times

More like this

Popular

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