UAE-based artificial intelligence startup AIREV has secured funding from Irish private equity firm Venturewave Capital. The investment will support the expansion of AIREV’s AI operating system, On-Demand, into new markets, including Ireland.
On-Demand is a decentralised AI operating system that allows users to build custom AI applications by integrating large language models with various AI tools. The platform supports deployment of models from sources such as OpenAI, Google’s Gemini, Meta’s Llama, and the Arabic language model Jais, developed by Inception, a G42 company. It also integrates with enterprise systems like Salesforce, SAP, and Microsoft Dynamics.
AIREV, backed by Core42, a G42 company, reports over 4 million users globally. The company has existing agreements with firms including Panchea and AIdeology and is in discussions with Fortune 500 semiconductor companies.
