1001
Sanabil Investments — the Public Investment Fund's VC arm — and General Catalyst participated alongside Lux Capital.
Founded 2025 by Bilal Abu-Ghazaleh; capital earmarked for engineering team expansion.
1001 builds sovereign AI operating systems targeting critical infrastructure operators in the GCC.
Wamda
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Magna AI
Magna AI was established through a partnership between Trend Micro and Wistron Digital Technology Holding Company, powered by NVIDIA.
Emaar Executive Company (EEC) is a Saudi-based firm specialising in data centre construction, engineering, procurement and construction (EPC), and systems integration.
Agreement formalised in Riyadh at the Global AI Show by both CEOs; no deal value disclosed.
TahawulTech
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United Arab Emirates
Committee chaired by H.E. Counsellor Yousef Saeed Al Abri, Undersecretary of the Abu Dhabi Judicial Department.
Projects reviewed include a smart assistant for notaries, a Legal Judgments Assistant, and AI-powered complaints routing.
Committee also discussed AI-driven auctions system development and cybersecurity coordination mechanisms.
WAM
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