logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  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.

Tags

Saudi Arabia
AI Infrastructure
Machine Learning Operations
Funding
Share

Attract clients with your ad

Start Now

Trending

Unifonic pacts with Ideem to define digital identity future in GCC
MUBASHER.SA
Saudi Arabia signs multiple deals during FII Priority Europe 2026
MUBASHER.SA
SME Bank partners with Aramco Taleed, Manafa to expand SME funding solutions
MUBASHER.SA
ECC to open its first $13.3mn factory in Saudi Arabia in August
MUBASHER
Almosafer expands its presence with new branch in Jazan
MUBASHER.SA

Related News

Fintech News
Calendar Icon
Jun 21, 2026
SME Bank partners with Aramco Taleed, Manafa to expand SME funding solutions
Read More
Fintech News
Calendar Icon
Jun 16, 2026
GO Money begins offering micro-consumer financing after securing final SAMA license
Read More
Fintech News
Calendar Icon
Jun 15, 2026
SAMA grants PTSP Certification to noon payments
Read More
Fintech News
Calendar Icon
Jun 14, 2026
D360 becomes largest Saudi digital bank by capital after approved increase
Read More
Fintech News
Calendar Icon
Jun 10, 2026
ZCG Arabia launches shariah-compliant SME financing platform in Saudi Arabia
Read More
Fintech News
Calendar Icon
Jun 9, 2026
WUKAD soft-launches its digital application under SAMA license
Read More
Fintech News
Calendar Icon
Jun 7, 2026
Egypt’s Thndr targets Saudi Market entry in 2027 after initial approval
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher