Qatar Investment Authority Expands Tech Bets With Anthropic Stake
Qatar’s sovereign wealth fund has made a strategic move into artificial intelligence by participating in Anthropic’s $13 billion funding round, valuing the AI firm at $183 billion. The Qatar Investment Authority (QIA) joins a roster of high-profile investors, including Amazon and Goldman Sachs, marking the first Middle Eastern sovereign fund to back Anthropic.
The investment underscores Qatar’s aggressive pivot toward technology after earlier setbacks. QIA is now targeting high-growth sectors like AI with smaller, risk-adjusted bets. Anthropic, a leading competitor to OpenAI, has attracted global capital for its Claude AI systems, which promise safer and more transparent applications.
QIA’s participation stands out as the sole Gulf-based investor in the round, reflecting the region’s broader ambition to diversify beyond traditional assets. The deal signals growing institutional confidence in AI’s transformative potential.