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 [email protected] 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

Taiko Makes Chainlink Data Streams Its Official Oracle

Taiko Makes Chainlink Data Streams Its Official Oracle

The post Taiko Makes Chainlink Data Streams Its Official Oracle appeared on BitcoinEthereumNews.com. Key Notes Taiko has officially integrated Chainlink Data Streams for its Layer 2 network. The integration provides developers with high-speed market data to build advanced DeFi applications. The move aims to improve security and attract institutional adoption by using Chainlink’s established infrastructure. Taiko, an Ethereum-based ETH $4 514 24h volatility: 0.4% Market cap: $545.57 B Vol. 24h: $28.23 B Layer 2 rollup, has announced the integration of Chainlink LINK $23.26 24h volatility: 1.7% Market cap: $15.75 B Vol. 24h: $787.15 M Data Streams. The development comes as the underlying Ethereum network continues to see significant on-chain activity, including large sales from ETH whales. The partnership establishes Chainlink as the official oracle infrastructure for the network. It is designed to provide developers on the Taiko platform with reliable and high-speed market data, essential for building a wide range of decentralized finance (DeFi) applications, from complex derivatives platforms to more niche projects involving unique token governance models. According to the project’s official announcement on Sept. 17, the integration enables the creation of more advanced on-chain products that require high-quality, tamper-proof data to function securely. Taiko operates as a “based rollup,” which means it leverages Ethereum validators for transaction sequencing for strong decentralization. Boosting DeFi and Institutional Interest Oracles are fundamental services in the blockchain industry. They act as secure bridges that feed external, off-chain information to on-chain smart contracts. DeFi protocols, in particular, rely on oracles for accurate, real-time price feeds. Taiko leadership stated that using Chainlink’s infrastructure aligns with its goals. The team hopes the partnership will help attract institutional crypto investment and support the development of real-world applications, a goal that aligns with Chainlink’s broader mission to bring global data on-chain. Integrating real-world economic information is part of a broader industry trend. Just last week, Chainlink partnered with the Sei…
Share
BitcoinEthereumNews2025/09/18 03:34
Stripe-Backed Bridge Secures U.S. National Trust Banking License

Stripe-Backed Bridge Secures U.S. National Trust Banking License

The payment giant's stablecoin subsidiary is the latest crypto-native company to secure a banking license.
Share
Coinstats2026/02/18 05:28
Revolutionary Trio Accelerates Development To Dominate 2027 Market

Revolutionary Trio Accelerates Development To Dominate 2027 Market

The post Revolutionary Trio Accelerates Development To Dominate 2027 Market appeared on BitcoinEthereumNews.com. Apple AI Wearables: Revolutionary Trio Accelerates
Share
BitcoinEthereumNews2026/02/18 05:46