The Middle Eastern technology ecosystem has reached a significant milestone with the acquisition of Ori by the global asset management giant Brookfield. Announced by Wa’ed Ventures, the $500 million venture capital arm of Aramco, the deal will see Ori merged with Radiant to bolster advanced cloud and edge computing capabilities within the Kingdom. This move underscores the intensifying strategic demand for localized AI infrastructure as Saudi Arabia accelerates its digital transformation under Vision 2030.
Strategic Merger to Enhance Regional AI Capabilities
The acquisition is designed to integrate Ori’s specialized distributed AI infrastructure with Radiant’s existing operations. By combining Ori’s expertise in GPU computing and flexible software layers with Brookfield’s extensive global resources, the merger aims to provide a more robust backbone for AI development in the region. The integration is expected to streamline how local and international teams access the high-performance compute power necessary to train, serve, and scale complex machine learning models within the Saudi market.
Fueling the Next Wave of Innovation in the Kingdom
For Wa’ed Ventures, the exit represents a successful validation of its mission to back global tech innovators who localize their solutions for the Saudi ecosystem. Ori’s transition into the Brookfield portfolio through Radiant is a clear indicator of the growing maturity of the MENA startup landscape, particularly in deep-tech sectors. This development provides Saudi-based startups and enterprises with enhanced access to sovereign AI infrastructure, reducing latency and ensuring that data-intensive AI innovations can be developed and deployed locally.
Scaling Distributed Edge Computing
Ori has built its reputation on bridging the gap between hardware and software, making high-demand GPU resources more accessible to developers. As the demand for “AI at the edge” grows—where data is processed closer to its source rather than in distant data centers—the merger with Radiant is positioned to address the specific geographical and industrial needs of the Saudi energy, logistics, and smart city sectors. This infrastructure is critical for the next generation of autonomous systems and real-time AI applications currently being piloted across the Kingdom.
About Ori
Ori is a London-based distributed AI infrastructure and edge computing company that provides end-to-end solutions for AI deployment. By combining powerful GPU compute with a flexible software optimization layer, Ori enables technology teams to build and scale models effortlessly. The company focuses on unlocking the true potential of AI through seamless infrastructure access, transforming the interaction between hardware and software to drive breakthroughs in machine learning.
About Wa’ed Ventures
Wa’ed Ventures is a $500 million venture capital fund based in Dhahran, wholly owned by Aramco. The fund is dedicated to accelerating the development of Saudi Arabia’s startup ecosystem by investing in high-growth, tech-based startups. Beyond financial capital, Wa’ed Ventures incentivizes global entrepreneurs to localize their innovations in the Kingdom, fostering a sustainable environment for digital transformation and economic diversification.
Source: Wa’ed Ventures
