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  2. OmniOps secures SAR 30 mn in funding from GMS Capital Ventures

OmniOps secures SAR 30 mn in funding from GMS Capital Ventures

NOHA.GAD
Dec 18, 2024
OmniOps secured SAR 30 million in a funding round from GMS Capital Ventures

Riyadh - Sharikat Mubasher: Saudi Arabia’s first artificial intelligence (AI) infrastructure technology provider, OmniOps, secured SAR 30 million (around $8 million) in a funding round from GMS Capital Ventures to scale its operations in the Kingdom.

OmniOps will utilize the investment to enhance research and development (R&D) and advance AI infrastructure in the Kingdom, the company announced in a statement today.

OmniOps specializes in building and scaling sustainable, energy-efficient, cloud-native high-performance computing (HPC) clusters tailored to clients’ unique requirements. It develops its own sovereign and compliant AI Inference cluster integrated with advanced Machine Learning Operations (ML Ops) features to streamline AI deployment and enhance operational efficiency.

Mohammed Altassan, Founding CEO of OmniOps, emphasized the company’s commitment to empowering organizations with advanced solutions that are both efficient and scalable.

“Optimizing AI infrastructure and workloads through OmniOps helps our clients achieve a potential 50% reduction in GPU power consumption and double their workload speed, resulting in up to 14x improvement in GPU inference efficiency. This allows them to confidently embrace Artificial Intelligence with enhanced power consumption and significantly improved Total Cost of Ownership,” Altassan added.

Through this partnership, GMS Ventures will leverage its extensive experience and global network to help OmniOps solidify its leadership position within the Saudi AI ecosystem.

Founded in 2024, OmniOps aims to accelerate Saudi Arabia’s AI-driven future by providing cutting-edge cloud and HPC solutions designed to support businesses and industries of all sizes with efficient, scalable infrastructure.

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Saudi Arabia
AI Infrastructure
Machine Learning Operations
Funding
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