HHD Real Estate AI Brief

Deal is Dirk Wakeham's first acquisition as RealPage CEO; financial terms undisclosed.

Cherre's platform resolves over 4 billion entities and $4 trillion in real assets globally.

Cherre retains its brand; L.D. Salmanson moves from CEO to senior vice president.

IBM Institute for Business Value surveyed 1,000 senior executives for the Calculus of AI Sovereignty study.

96% of UAE respondents say they do not fully understand their dependencies across AI vendors and infrastructure.

Organisations with advanced AI control capabilities protect 55% more operating profit from AI-driven disruptions.

Round co-led by RAED Ventures and Wa'ed Ventures, with Dhahran Techno Valley's venture capital arm participating.

Think claims the largest AI infrastructure and deeptech pre-seed round in MENA to date.

Platform combines hardware and orchestration software to maximise graphics processing unit (GPU) utilisation and lower token costs.