Arabic AI company Widebot secures $3 million funding for building custom AI model tailored to Arabic language.
Widebot, an Egyptian AI startup, has recently secured $3 million in a pre-Series A funding round. This funding round was led by Keheilan Asset Management and Enza Capital, with participation from DisrupTech Ventures, LoftyInc Capital, Den VC, SparkLabs Ventures, and Saudi investment firm Wafra [1].
The startup, now based in Riyadh, Saudi Arabia, is focused on building enterprise-level Arabic language AI solutions. They are developing an Arabic large language model called "AQL Mind" [2]. This model is designed to understand a wide variety of Arabic dialects and accents, providing accurate, secure, and personalized AI experiences to Saudi government entities and businesses [3].
The funding underscores a broader commitment to technological innovation and economic growth in the region. It also highlights the increasing interest from investors in AI solutions that cater to the Arabic-speaking market [4].
For those interested in staying updated on tech and startup news from Africa, a WhatsApp channel has been created. You can find it at this link: https://whatsapp.com/channel/0029Vb3xgMr42DcfICgi7T1N [6].
Widebot's goal with AQL Mind is to improve Arabic language understanding and generation for commercial and institutional use. The startup aims to accelerate research, development, and deployment of these solutions with the funding [5]. The company plans to expand its product capabilities by advancing AQL Mind to serve corporations and government institutions across the Middle East and North Africa (MENA) region [5].
In summary, Widebot's latest development is the successful closing of a $3 million pre-Series A round, which supports its future plans to develop and scale a dedicated Arabic large language model for enterprise customers throughout the MENA region [3][4][5].
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