QDB Invests in Multiverse Computing to Accelerate AI Innovation in Qatar

Doha: Qatar Development Bank (QDB) has announced a strategic investment in Multiverse Computing, a global leader in quantum-inspired artificial intelligence and optimisation software, in a move aimed at strengthening Qatar’s rapidly expanding AI and deep technology ecosystem.

The investment forms part of QDB’s broader strategy to support cutting-edge technologies that can drive economic diversification, foster innovation, and position Qatar as a regional hub for advanced digital industries.

Through the partnership, QDB and Multiverse Computing will collaborate to accelerate the development and adoption of advanced AI solutions in Qatar. The initiative is expected to create new opportunities for local startups, researchers, academic institutions, and businesses by providing access to world-class expertise in artificial intelligence and optimisation technologies.

Multiverse Computing is internationally recognised for developing AI and quantum-inspired software that helps organisations solve highly complex computational challenges across sectors including finance, energy, manufacturing, logistics, healthcare, and telecommunications.

QDB said the investment aligns with Qatar National Vision 2030 and the country’s ambition to build a knowledge-based economy powered by innovation and emerging technologies. By supporting global technology leaders, the bank aims to strengthen local capabilities while attracting high-value investments and advanced technology companies to Qatar.

The collaboration will also encourage knowledge transfer, research partnerships, and talent development, enabling local innovators to leverage next-generation AI tools to enhance productivity and competitiveness.

QDB noted that the partnership reinforces its commitment to building a thriving innovation ecosystem by connecting Qatari entrepreneurs with leading international technology companies. It also complements the bank’s ongoing initiatives to support startups, digital transformation, and the commercialization of emerging technologies.

The investment comes as Qatar continues to expand its presence in artificial intelligence, quantum computing, and advanced digital infrastructure through strategic partnerships and innovation-focused programmes, further strengthening the country’s position as a regional technology hub.