Qatar -Investment and 'Blue Owl' establishes a 3 billion dollar project for data centers

The Qatar Investment Agency intends to make a partnership with ‘Blue Owl Capital’ to finance and invest in data centers, which is the latest bet of the Sovereign Wealth Fund on the boom seen in the artificial intelligence sector. The agency and the company said today, Thursday, that the new digital infrastructure platform will start with the assets of data centers of more than $ 3 billion, with plans to expand in light of the increasing demand for computer capacity and data storage spaces. The Qatar Investment Authority undertakes to pump about a billion dollars of the new capital in the project, according to people who are familiar with the matter, who asked not to disclose their identities so that they could discuss secret information. The initial contribution of the Wealth Fund, which has a value of $ 524 billion, will form the basis for a permanent investment business to expand investment opportunities in databases worldwide, according to Mark Lipcholts, co -chair of the “Blue OL”. He added in an interview: “They somehow considered it, although the amount is billions of rands.” Representatives of the Qatar Investment Authority refused to comment on the amount of investment pledged by the Wealth Fund.