Locator: 49666TECH.
Link here, but the story is everywhere. The story is amazing. I've posted highlights of the story below the fold.
Mideast:
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The Fold
Brookfield Asset Management Ltd. and Qatar Investment Authority are teaming up on a $20 billion venture to invest in artificial-intelligence infrastructure, underscoring the escalating regional race for dominance in the sector.
New York-based Brookfield and Qai, a newly-formed subsidiary of Doha’s $524 billion wealth fund .....
Brookfield will invest through its newly launched AI fund, which aims to mobilize as much as $100 billion of investments globally ..
The firm manages about $1 trillion in assets and has been among the most active foreign investors in the Gulf in recent years.
Brookfield has estimated the global AI infrastructure build-out will require $7 trillion over the next decade.
