Mastiska Raises $10M Seed For Sovereign AI Chip Play in UAE - EE Times
GCC AI Funding · · Funding Infrastructure
UAE-based sovereign AI chip company Mastiska has raised a $10 million seed round. The funding will be used to develop sovereign AI chips tailored to the specific needs of the UAE and wider region. Mastiska aims to address concerns around data privacy and security by providing locally-controlled AI infrastructure. Why it matters: This investment signals the UAE's commitment to building its own AI capabilities and reducing reliance on foreign technology.