OmniOps secures $8 million to scale AI infrastructure
Anchor investment from GMS Capital Ventures will support scale and R&D
#SaudiArabia #AIInfrastructure – OmniOps, Saudi Arabia’s first home-grown AI infrastructure technology provider, has raised SAR 30 million (approx. $8m) in funding from technology-focused venture capital firm GMS Capital Ventures. Described by Omnicops as a ‘strategic anchor investment’, the funding will support scaling operations, advancing research and development, and developing sustainable, energy-efficient AI infrastructure solutions to accelerate the Kingdom’s AI transformation under the national Vision 2030.
SO WHAT? – The rapid adoption of artificial intelligence in Saudi Arabia is projected to require a massive amount of compute to power new AI systems and processes. Hyper-scalers such as Alibaba, Amazon, Google, Huawei, Microsoft and Oracle are all building national cloud capacity, with more than $15 billion in data centre investment expected by 2030. So, the race is on to both build out capacity, and establish services to serve lucrative market segments for AI and data infrastructure and associated value-added services. The launch and early funding of OmniOps is therefore timely.
Here are some key details regarding the investment:
OmniOps raised SAR 30 million (approx. $8 million) from Riyadh-based technology venture capital firm GMS Capital Ventures, part of GMS Holdings, marking a strategic investment in Saudi Arabia’s AI ecosystem.
Founded in May 2024 and headquartered in Saudi Arabia, OmniOps builds scalable, sustainable, cloud-native HPC (high performance computing) clusters tailored for enterprise and government needs.
OmniOps is developing a sovereign AI inference cluster with ML Ops features, improving operational efficiency and achieving up to 14x better GPU inference efficiency.
The Saudi National Strategy for Data and AI focuses on local content and data sovereignty, making OmniOps’ offerings particularly relevant.
Trusted by major organisations, including Saudi Airlines and CNTXT, OmniOps collaborates with tech giants like NVIDIA, Google Cloud, and IBM.
OmniOps also enables clients to reduce GPU power consumption by up to 50%, enhancing workload speeds and lowering total cost of ownership.
ZOOM OUT – Organisations in Saudi Arabia are investing heavily in AI and data analytics, now viewing the technologies as critical for future performance. In a survey released earlier this year by global consultancy KPMG, 56 per cent of Saudi technology leaders expect AI and machine learning to be important in helping their organisations achieve short-term ambitions over the next three years. The report also showed that AI strategies were constantly changing. All the signs indicate a bright future for cloud AI services and AI infrastructure services, since such services can allow organisations more flexibility to boost or reduce compute capacity as their needs and plans change.
Read more about data centres in Saudi Arabia:
Microsoft completes build for new Saudi data centre (Middle East AI News)
Gcore & Ezditek launch JV, to create AI factory in Riyadh (Middle East AI News)
Groq to offer on-demand services from KSA (Middle East AI News)