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Saudi AI firm MOZN secures strategic investment from HUMAIN
['Author']
wamda
Saudi Arabia-based enterprise AI startup MOZN has secured a strategic investment from HUMAIN, along with a partnership to develop sovereign AI solutions for financial institutions and public sector organisations in Saudi Arabia and global markets.
The investment marks HUMAIN's first investment in a Saudi company and one of the first through HUMAIN Ventures.
Founded in 2017 by Mohammed AlHussein, MOZN develops enterprise AI solutions for financial crime prevention and enterprise knowledge intelligence, serving more than 150 customers across the financial services and public sectors.
Press release:HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today announced a strategic investment in and partnership with MOZN, a global leader in enterprise AI for high-assurance domains, based in Saudi Arabia.
The investment builds on MOZN’s strong momentum as a regional leader in enterprise AI, serving more than 150 customers across the financial services and public sector.