Egyptian AI Startup Widebot Raises US$3M for Arabic Large Language Model
Egyptian AI startup Widebot has secured US$3 million in pre-Series A funding, aiming to advance its Arabic large language model, AQL Mind. The funding round attracted several investors, including Enza Capital and Keheilan Asset Management II.
Widebot's AQL Mind project aims to understand a wide array of Arabic dialects and accents, targeting over 400 million Arabic speakers worldwide. The startup's CEO, Dr Ahmed Abdelhamid, believes supporting such deep technology companies is vital for regional economic development.
The funding round was co-led by Enza Capital and Keheilan Asset Management II, with participation from other investors. While specific details about these investors are not available, it's clear that they see the potential in projects like Widebot. Investors are drawn to such projects due to the vast user potential, technological innovation, market potential, and strategic interests.
Widebot's successful funding round demonstrates the growing interest in Arabic language technology and the potential of AI startups in the region. With the support of its investors, Widebot is poised to deliver accurate, secure, and personalized AI experiences through AQL Mind, contributing to the development of Arabic language processing.
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