Saudi Tech Giant MIS Exits Early Anthropic Stake
Saudi Arabian IT company Al Moammar Information Systems (MIS) has strategically exited its early investment stake in leading US AI firm Anthropic, selling its shares on the secondary market.

Key Details
MIS confirmed it has sold its entire stake in Anthropic, one of the world’s premier artificial intelligence research and development companies known for its Claude large language models. The stake was acquired by a group of investors led by venture capital firm Goodwater Capital.
MIS initially invested in Anthropic in April 2023, purchasing shares for SAR 37.5 million, equivalent to approximately $10 million USD at the time. The company stated that the exit was executed through a secondary market sale and that the investment had achieved “significant returns.” This sale marks a relatively quick turnaround for the investment, capitalizing on the rapid growth and valuation increase seen by top-tier AI labs like Anthropic over the past year.
Implications for the MENA Tech Landscape
This move is notable as it represents an early, direct investment by a Saudi technology company into a major global AI player. For founders and professionals in the MENA region, the MIS exit highlights several points:
- It demonstrates that regional players are actively participating in global tech investment opportunities, particularly in high-growth sectors like AI.
- It shows a willingness to make strategic exits to realize returns, rather than holding investments indefinitely.
- The reported “significant returns” underline the potential upside for early investors in frontier technology companies, a signal relevant for regional venture capital and corporate venture arms.
- The transaction frees up capital for MIS, potentially for further strategic investments or expansion within its core IT services business.
About Al Moammar Information Systems (MIS)
Al Moammar Information Systems (MIS) is a leading information technology company based in Saudi Arabia. Founded in 1982, the company provides a wide range of IT solutions and services, including infrastructure, software, and digital transformation services, to government and private sector clients across the Kingdom. MIS is listed on the Saudi Stock Exchange (Tadawul).
Looking Ahead
The successful exit by MIS from its Anthropic investment could signal increasing activity from regional corporations and funds in global technology markets, especially as AI continues to reshape industries worldwide. It underscores the importance of strategic portfolio management and the potential to generate substantial returns from well-timed investments in cutting-edge technologies. This transaction serves as a case study for other MENA-based entities considering or holding stakes in international tech leaders.
Source: Middle East AI News