Mastiska Raises $10M Seed For Sovereign AI Chip Play in UAE
PositiveArtificial Intelligence

- Mastiska, a UAE-based chip startup, has successfully raised $10 million in seed funding to develop a sovereign AI chip, starting with an FPGA-based data center product. This funding marks a significant step for the company as it aims to establish a foothold in the competitive AI chip market.
- The investment will enable Mastiska to enhance its technological capabilities and contribute to the UAE's ambitions of becoming a leader in AI technology. By focusing on sovereign chip development, the company seeks to reduce reliance on foreign technology and foster local innovation.
- This development aligns with broader trends in the region, where the UAE and Saudi Arabia are actively pursuing advancements in AI and technology. Recent approvals for the sale of advanced AI chips to local firms further illustrate the growing importance of AI in the Gulf, highlighting a regional commitment to technological self-sufficiency and innovation.
— via World Pulse Now AI Editorial System





