logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • 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

BlueFive Capital closes founding round at $120mn valuation
MUBASHER
Rekaz raises $5mn seed round to expand, enhance AI capabilities
MUBASHER.SA
stc’s Tali Ventures leads strategic investment in sukuk fintech Tarmeez Capital
MUBASHER.SA
Huspy closes $59mn series B round to expand in Europe, Middle East
MUBASHER
SAMA enhances digital payments with new e-commerce interface
MUBASHER.SA

Related News

Fintech News
Calendar Icon
Jun 30, 2025
PoS sales volume in Saudi Arabia rises by 12% in May
Read More
Fintech News
Calendar Icon
Jun 25, 2025
JeelPay, King Abdulaziz University to offer innovative tuition installment solutions
Read More
Fintech News
Calendar Icon
Jun 19, 2025
Alsulaiman Group acquires Taajeer Finance to lead financial services growth
Read More
Fintech News
Calendar Icon
Jun 16, 2025
NayaOne partners with AstroLabs to launch fully Saudi-hosted fintech platform
Read More
Fintech News
Calendar Icon
Jun 2, 2025
PoS sales in Saudi Arabia touch SAR 52 bn in April
Read More
Fintech News
Calendar Icon
May 27, 2025
WaffarX, DGTERA partner to boost customer loyalty in F&B sector
Read More
Fintech News
Calendar Icon
May 18, 2025
Numu Angels launches “Numu Angels Syndicates” in partnership with Rundet
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
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher