The Globe and Mail reports in its Wednesday edition that Brookfield Asset Management and Qai, an artificial-intelligence company owned by Qatar's sovereign wealth fund, have formed a $20-billion joint venture to develop AI infrastructure in Qatar and select international markets (all figures U.S.). A Reuters dispatch to The Globe says the joint venture aims to position Qatar as a leading AI hub in the Middle East, they said, and plans to create an integrated compute centre expanding regional access to high-performance computing capabilities. The Gulf country's $526-billion sovereign wealth fund, the Qatar Investment Authority (QIA), said on Monday it was setting up its own national AI company, Qai, following in the steps of regional peers the United Arab Emirates and Saudi Arabia, as they invest to become global AI hubs outside of the U.S. and China. AI is reshaping global tech and attracting massive investments in both software and physical infrastructure, especially in the data centres needed to process the information. Brookfield will invest in the joint venture with Qai through its recently launched Artificial Intelligence Infrastructure Fund, which aims to invest up to $100-billion globally.