Irish venture capital firm Venturewave Capital has invested in UAE-based AI start-up AIREV to support the growth of its innovative On-Demand AI operating system.
Target Information
AIREV is an innovative artificial intelligence start-up based in the UAE that has emerged as one of the fastest-growing AI companies in the Gulf region. With a focus on creating accessible AI solutions, AIREV is known for its flagship product, On-Demand, which is touted as one of the world's first AI operating systems. This platform enables hardware providers to monetize their infrastructure by offering a diverse array of AI tools and applications.
Founded in 2023, AIREV is led by a skilled team consisting of CEO Muhammad Khalid, COO Dr. Youssef Youssef, and CSO Kayaan Unwalla. The company is backed by G42 and is supported by a growing user base that exceeds 60,000 globally. AIREV’s On-Demand platform combines leading large language models with over 300 specialized AI agents, facilitating rapid innovation and accessibility in AI technology.
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Industry Overview in the UAE
The UAE's technology sector is witnessing a remarkable transformation, significantly driven by advancements in artificial intelligence. The government has introduced
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