Qatar Investment Authority Commits to Sustained Investments in Artificial Intelligence

By Sruthi Nair - May 15, 2024

CEO of Qatar Investment Authority

The CEO of Qatar Investment Authority (QIA), H E Mansoor bin Ebrahim Al Mahmoud, announced at the 4th Qatar Economic Forum that QIA will continue its investments in various aspects of artificial intelligence (AI), such as data centers, software, chip manufacturing, and data categorization. He emphasized Qatar's commitment to diversifying its investment portfolio in AI technologies, acknowledging the uncertainty in determining the ultimate winners in this field. Al Mahmoud highlighted the risks associated with the current globalization of investment, stating that while it offers opportunities, it also brings about significant changes in societal structures due to the emergence of new technologies. He stressed the importance of readiness among all stakeholders, including QIA, political decision-makers, and other investment entities, to invest in AI.

Source: The Peninsula Qatar