Qatar sets up national AI firm as a subsidiary of its $524 billion sovereign wealth fund

Qatar has launched Qai, a new AI development and investment firm as a subsidiary of its $524 billion sovereign wealth fund. The new company is meant to develop and invest in artificial intelligence. According to the statement, Qai will invest in AI infrastructure in Qatar and globally, as well as provide “high-performance computing and a […] source: https://www.cryptopolitan.com/qatar-sets-up-national-ai-firm/