Qatar has launched a new company to develop and invest in artificial intelligence (AI), joining other Gulf nations investing heavily in the technology. Qai, the new AI-focussed entity, will operate as a subsidiary of the Qatar Investment Authority (QIA), the state-owned Qatar News Agency reported. Qai will develop, manage, and invest in advanced AI infrastructures both […]Qatar has launched a new company to develop and invest in artificial intelligence (AI), joining other Gulf nations investing heavily in the technology. Qai, the new AI-focussed entity, will operate as a subsidiary of the Qatar Investment Authority (QIA), the state-owned Qatar News Agency reported. Qai will develop, manage, and invest in advanced AI infrastructures both […]

Qatar joins other Gulf nations to advance AI

2025/12/09 13:18
1 min read

Qatar has launched a new company to develop and invest in artificial intelligence (AI), joining other Gulf nations investing heavily in the technology.

Qai, the new AI-focussed entity, will operate as a subsidiary of the Qatar Investment Authority (QIA), the state-owned Qatar News Agency reported.

Qai will develop, manage, and invest in advanced AI infrastructures both within Qatar and internationally, the statement added.

No financial details were disclosed.

Qai chairman Abdullah bin Hamad Al Misnad said the launch of Qai marks a significant step in Qatar’s drive to position itself as a competitive hub for AI and data-driven industries.

In September, QIA took part in the US quantum computing startup PsiQuantum’s $1 billion funding round.

The Gulf nation has been investing in global tech companies, including Elon Musk’s xAI, to diversify its economy and build expertise in fields such as artificial intelligence, quantum computing and renewable energy.

The UAE and Saudi Arabia have already committed billions of dollars to global AI initiatives and have established national AI companies, such as G42 in Abu Dhabi and Humain in Riyadh.

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

whale Garrett Jin deposited 261,000 ETH, worth $543 million, into Binance.

whale Garrett Jin deposited 261,000 ETH, worth $543 million, into Binance.

PANews reported on February 15 that, according to Lookonchain monitoring, Bitcoin whale Garrett Jin (BitcoinOG 1011short) deposited 261,024 ETH (worth $543 million
Share
PANews2026/02/15 09:34
Strategy’s Michael Saylor Unveils His Main Bitcoin Principle in Only 2 Words

Strategy’s Michael Saylor Unveils His Main Bitcoin Principle in Only 2 Words

The post Strategy’s Michael Saylor Unveils His Main Bitcoin Principle in Only 2 Words appeared on BitcoinEthereumNews.com. Michael Saylor posted two words on Thursday — “Be Unstoppable” — just as new rankings confirmed Strategy’s unmatched lead in corporate Bitcoin holdings. The company now controls 639,835 BTC, worth more than $70 billion, with Bitcoin trading around $109,500. The distance between Saylor’s firm and the rest is wide. MARA Holdings is second with 52,477 BTC. Tesla has 11,509. Coinbase sits at 11,776. Even if the next 10 companies combine their reserves, they fall short of Strategy’s total. In the meantime, the Bitcoin price action recently looks more like a roller coaster ride, climbing above $124,000 in August before dropping to $106,000, and then recovering to just under $110,000.  For traders, those swings decide wins or losses. For Strategy, they have not changed the approach: accumulate and hold. Michael Saylor’s Strategy A single software company has turned itself into the biggest Bitcoin vault on the planet, larger than miners and exchanges that run the infrastructure of the network. Public firms like CleanSpark, Riot and Block are active players, but they look small next to Saylor’s balance sheet. Saylor’s post puts a face on those numbers, as the Strategy chairman himself is the face of his company. The image of him in a dark hoodie with an orange tie, paired with the words “Be Unstoppable,” is a reminder of how he frames the company’s position. Strategy is not treating Bitcoin as an experiment. It has built its identity around it, and the latest figures show that no one else is even close. Source: https://u.today/strategys-michael-saylor-unveils-his-main-bitcoin-principle-in-only-2-words
Share
BitcoinEthereumNews2025/09/27 04:57
Bitcoin faces DOJ as $200M PGI Ponzi draws 20-year term

Bitcoin faces DOJ as $200M PGI Ponzi draws 20-year term

The post Bitcoin faces DOJ as $200M PGI Ponzi draws 20-year term appeared on BitcoinEthereumNews.com. Ramil Ventura Palafox receives 20-year sentence for PGI Bitcoin
Share
BitcoinEthereumNews2026/02/15 09:07