Leading AI Firm Crowd Analyzer Acquired by Saudi Technology Investors

A consortium of Saudi investors in the technology and financial sectors has acquired Crowd Analyzer, a leading AI-powered data analysis firm, though the financial details of the deal remain undisclosed.

Crowd Analyzer, founded in 2013 in the United Arab Emirates, expanded to Saudi Arabia and Egypt in 2017. The company is renowned for its platform that uses natural language processing algorithms to monitor and analyze social media content in Arabic, assessing relevance, tone, and sentiment.

The acquisition is intended to facilitate Crowd Analyzer's expansion into new markets and the development of a wider range of data analysis and computational insights products, moving beyond social media monitoring.

The company plans to integrate new data sources and develop advanced analytical features, leveraging state-of-the-art AI technologies and the investment group's expertise in scaling tech companies.

Source: EntArabi