Qatar's $524 billion sovereign wealth fund, QIA, is increasing its investments in artificial intelligence, with a recent stake in Anthropic. This move aligns with Qatar's broader strategy to diversify its investment portfolio and drive economic growth through technology. QIA's CEO has stated the fund will continue to strategically invest in AI technologies, including data centres, software, and chip manufacturing.
The investment in Anthropic, the AI safety and research company behind Claude, is part of a $13 billion Series F funding round that values Anthropic at $183 billion. This funding will support Anthropic's expansion, safety research, and ability to meet growing customer demand. QIA joins other major investors, signalling confidence in Anthropic's financial performance and position as a leading AI platform.
Middle Eastern sovereign wealth funds are increasingly investing in AI and related technologies. This trend reflects a shift from traditional investments to high-growth sectors that can contribute to long-term economic diversification and strategic influence. Funds are allocating capital to AI infrastructure, core technologies, and applications, aiming to establish a strong presence in the global AI landscape.