aiXplain Raises $6.5M to Simplify Global AI Development

aiXplain, a pioneering provider of essential infrastructure for accelerated AI development, has secured $6.5 million in a pre-Series A funding round. This investment is intended to simplify AI agent creation and expand the global reach of AI innovations. Leading the funding round was Wa’ed Ventures, a $500 million Saudi Arabian venture capital fund supported by Aramco, marking its first direct investment in a U.S.-based company. Other notable participants included Osama Elkady, CEO and Co-founder of Incorta, and global business expert Kane Minkus.

This new funding brings aiXplain’s total raised capital to $16.5 million, following previous investments from prominent U.S.-based firms like Transform VC and Calibrate VC, which supported the company’s seed round last year.

Companies around the world are keen to leverage AI for operational and decision-making purposes through AI agents—systems with domain intelligence that can operate autonomously on behalf of users. However, the complexity, cost, and resources required for AI agent development can be prohibitive. Moreover, many companies lack localized tools to optimize AI capabilities for specific regions or languages. aiXplain addresses these challenges by providing a development platform that allows both developers and non-technical users to access tens of thousands of AI assets through simple language prompts instead of complex coding.

"Building practical AI solutions shouldn’t be exclusive to large tech companies with extensive AI resources. Today, there are countless AI assets available—models, datasets, pipelines—but very few infrastructures making these assets readily accessible. aiXplain is changing that," said Hassan Sawaf, founder and CEO of aiXplain, and former AI Director at Meta, Amazon, and eBay. "AI has the potential to make a tangible difference for businesses globally, and our latest financing will help us bring this vision to life."

Source: EntArabi