The Qatar Investment Authority (QIA), the nation’s $500 billion sovereign wealth fund, has entered a strategic partnership with alternative asset manager Blue Owl Capital to launch a $3 billion global digital infrastructure platform. The initiative will focus on developing and acquiring data centres to meet the surging global demand driven by the widespread adoption of cloud computing and artificial intelligence.
Powering The Future Of AI
According to a joint statement, the newly formed platform is designed to “accelerate global compute available to leading hyperscalers.” This move directly addresses the growing need for robust data storage and computational power required by major technology companies as they expand their AI and cloud-based services. The partnership aims to build a portfolio of critical infrastructure assets that will underpin the next wave of digital transformation.
A Strategic Push Into Artificial Intelligence
This $3 billion commitment is a significant part of QIA’s broader strategy to deepen its investments across the AI value chain. The fund has been actively increasing its exposure to the booming sector, recently participating as a backer in the landmark funding round for the leading AI firm Anthropic. By investing in both foundational infrastructure and cutting-edge AI companies, QIA is positioning itself as a key capital provider in the global AI ecosystem.
Gulf’s Ambition As A Global Tech Hub
The partnership also reflects a wider regional trend, with Gulf countries increasingly leveraging their financial resources to become global players in artificial intelligence. These strategic investments in digital infrastructure are crucial steps toward establishing the region as a major hub for the technology industry, diversifying economies, and attracting top talent and innovation from around the world.
About The Qatar Investment Authority (QIA)
The Qatar Investment Authority is the sovereign wealth fund of the State of Qatar. Established in 2005, its mission is to invest, manage, and grow the country’s reserves to create long-term value for future generations. With a global and diversified portfolio, QIA invests across a wide range of asset classes and regions.
Source: Zawya
