GMS Capital Ventures successfully closed a SAR 30 million (roughly $8 million) funding round for OmniOps, the first Saudi Arabia-based provider of AI infrastructure technology. The company has the resources to expand its operations, improve R&D, and develop AI infrastructure in Saudi Arabia thanks to this strategic anchor investment.
OmniOps was established in 2024 and is ideally positioned to meet the growing demand for AI technologies throughout the Kingdom. It is led by Saudi businessman Mohammed Altassan and has a strategic board of directors that includes Zaid Farekh as a board member and tech advisor.
Building and scaling cloud-native, energy-efficient, and sustainable high-performance computing (HPC) clusters that meet the specific needs of each client is the company’s area of expertise. Additionally, in order to improve operational efficiency and expedite AI deployment, OmniOps is creating its own independent and compliant AI Inference cluster that is integrated with cutting-edge Machine Learning Operations (ML Ops) features. These developments give businesses and governmental organizations scalable infrastructure, enabling them to advance their AI initiatives more quickly.
“At OmniOps, our mission is to empower organisations with advanced solutions that are both efficient and scalable,” said Mohammed Altassan, founding CEO of OmniOps. “Optimising 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.”
This investment demonstrates how the AI industry, a major tenet of Vision 2030, is becoming increasingly significant in Saudi Arabia. The Saudi National Strategy for Data and AI places a strong emphasis on local content, privacy, and data sovereignty in key industries like healthcare, energy, government, and aviation. In this quickly evolving ecosystem, OmniOps’ in-house AI infrastructure services are especially pertinent.
On the investment, GMS Ventures stated: “We are thrilled to partner with Mohammed Altassan and the world-class team of professionals that OmniOps has assembled. OmniOps is poised to become a leading Saudi Arabian AI infrastructure service provider. In addition to significant financial support, GMS Ventures will leverage its extensive experience and global network to help OmniOps solidify its leadership position within the Saudi AI ecosystem.”
Leading businesses and governmental agencies, such as CNTXT and Saudi Airlines, already trust OmniOps. Global leaders in technology like NVIDIA, Google Cloud, AMD, Pure Storage, IBM, HPE, Supermicro, and Lenovo have formed close partnerships with it. These collaborations guarantee that OmniOps’ customers have access to the best-in-class technologies needed to propel digital transformation and accomplish strategic objectives.
