RIYADH: Qatar’s finance minister said on Tuesday that artificial intelligence would be a big part of planned Qatari investments in the US.
“I would say most of the (QIA investment) will be in technology and AI because we see the growth in this field, and it is going to be rewarding,” Ali Ahmed Al-Kuwari said, speaking in Riyadh at the annual Future Investment Initiative conference.
“Now we see the huge growth in the US economy is coming from technology and AI and we believe this is one area we are going to focus on,” he said.
The Qatar Investment Authority, Qatar’s sovereign wealth fund, plans to at least double its annual US investments in the next decade, its CEO said in May.
The fund had already pledged to invest $500 billion in the US economy over the next 10 years.
