Technology
Intelmatix raises $20 million in Series A funding to enable MENA companies to leverage AI for decision-making

Intelmatixa deep tech B2B startup that targets MENA (Middle East and North Africa) enterprises that need assistance leveraging the facility of AI for decision-making has closed a $20 million Series A funding round – one in all the biggest of its kind for a regional company.
The startup, which has offices in Riyadh, Saudi Arabia, London, UK, and Boston, US, was founded in 2021 but only launched its enterprise AI platform, EDIX, in March 2024. The company told TechCrunch that it has signed up 10 enterprise customers up to now — but with the brand new funding, it plans to expand to mid-sized and smaller businesses as well.
The global enterprise AI market is forecasted to grow exponentially and reach $68.9 billion by 2028, with a median annual growth rate of 43.9%. BCC Researchwith growth being driven by investments in AI technologies and the increased adoption of AI solutions by companies looking to increase efficiency and remain competitive.
However, whilst the adoption of AI decision-making solutions in business gains momentum, there are various challenges, similar to IBM noticed — including access to AI skills and expertise; data complexity; integration issues; high costs; lack of tools for developing AI models; and ethical concerns.
In regions similar to MENA, the adoption of automated decision-making has been slow because most enterprise AI solutions aren’t tailored to local needs, making them impractical for companies considering AI adoption, according to Dr. Anas Alfaris, co-founder and CEO IntelmatixThis is where the startup plans to step in to help with local data, knowledge, and experience.
“The (Rival AI Enterprise) platforms are designed and trained on US datasets and do not process data that includes MENA contexts. These platforms are also designed for large enterprises that have invested in both infrastructure and teams (data science and AI), which is another major issue in the region as there is a talent gap,” Alfaris told TechCrunch, pointing to companies similar to US-based o9 and Palantir as major competitors.
These are the challenges that Intelmatix set out to address with its flagship AI-based enterprise decision-making platform, EDIX. Alfaris says the platform could be quickly deployed across a wide range of companies and doesn’t require a team of AI specialists.
The startup is currently focused on the retail, logistics and workforce sectors, where companies can gain insight into operational and strategic issues similar to supply and demand, localization, recruitment, workforce planning and scheduling, fleet management and marketing.
According to Alfaris, a series of stores using the EDIX software package could, for example, receive recommendations on the most effective location to open a brand new branch and forecast revenues with 80% accuracy.
“Right now, most enterprises don’t have access to AI capabilities, and we’re giving them 80 percent of that capability. We may not be giving them 100 percent yet, but we’re moving the needle from zero to 80 by making it immediately accessible,” he said. “That’s at the heart of why EDIX is what it is and why we invested in building it in our region… to make AI truly accessible by removing a lot of the complexity.”
The startup’s marketing pitch paints an image of MENA businesses now not having to guess what’s next because EDIX is designed to respond and supply recommendations immediately — meaning it might be used to make each operational and strategic decisions. Alfaris said Intelmatix’s decision intelligence algorithms leverage customer data and other contextual data the startup sources to power the recommendations.
“Decision-making is tightly coupled. You can’t make a marketing decision that will drive demand in your stores without immediately connecting it to your inventory to understand what’s going to happen there. The same goes for your staff and operations. Decisions are tightly integrated. But the little tools that exist today that some entities use are very siloed and very specific to a particular function within the enterprise—while they’re useful, you need a one-stop shop,” he argued.
During a year-long pilot of its technology in the food and beverage sector, Intelmatix reported that demand forecasting accuracy on its platform increased by 15%, waste costs decreased by 75%, additional additional time was reduced by 25% and the platform was able to predict revenue for recent branch locations with greater than 80% accuracy.
The art of decision-making is something Alfaris could be very aware of, having conducted research on the interconnectedness and complexity of decision-making on the Center for Complex Systems Engineering at King Abdulaziz City for Science and Technology (KACST) in Saudi Arabia, after leaving MIT, where he earned a PhD in Design Computation and was a member of assorted research teams, including the Smart Cities Group on the Media Lab.
He helped establish the middle in 2012 as a joint program between MIT and KACST, which led to one other program called the Joint Centers of Excellence Program, which conducted research projects with other leading universities and technology companies in the U.S. and the U.K. It was at KACST that Alfaris met his co-founders of Intelmatix, Ahmed Alabdulkar AND Almaha Almalkbefore the startup launches in 2021.
Intelmatix now plans to scale up by targeting large and mid-sized enterprises, in addition to public entities in the MENA region. The recent funding will even be used to expand the platform’s capabilities and reach, according to Alfaris.
“We plan to expand our offering of these packages to provide more decisions and features that we think will be useful to our customers,” he said. “The idea of democratizing access to AI has always been something we’ve been very passionate about.”
The Series A funding round was led by Shorooq Partners and included participation from private and public entities, including Olayan Financing Company, Rua Growth Fund, Saudi Technology Ventures, Saudi Venture Capital Company, Sultan Holdings and Zain Ventures.
Technology
Anysphere, which makes the cursor supposedly collect USD 900 million with a valuation of USD 9 billion

Anysphere, producer of coding cursor with AI drive, attracted $ 900 million in the recent financing round by Thrive Capital, Financial Times He informed, citing anonymous sources familiar with the contract.
The report said that Andreessen Horowitz (A16Z) and ACCEL also participate in the round, which values about $ 9 billion.
The cursor collected $ 105 million from Thrive, and A16Z with a valuation of $ 2.5 billion, as TechCrunch said in December. Capital Thrive also led this round and in addition participated in A16Z. According to Crunchbase data, the startup has collected over $ 173 million thus far.
It is alleged that investors, including index ventures and a reference point, attempt to support the company, but plainly existing investors don’t want to miss the opportunity to support it.
Other coding start-ups powered by artificial intelligence also attract the interest of investors. Techcrunch announced in February that Windsurf, a rival for Aklesphere, talked about collecting funds at a valuation of $ 3 billion. Openai, an investor in Anysphere, was supposedly I’m attempting to get windsurf for about the same value.
(Tagstransate) A16Z
(*9*)This article was originally published on : techcrunch.com
Technology
This is the shipping of products from China to the USA

The Chinese retailer has modified the strategy in the face of American tariffs.
Thanks to the executive ordinance, President Donald Trump ended the so -called de minimis principle, which allowed goods value 800 USD or less entering the country without tariffs. It also increases tariffs to Chinese goods by over 100%, forcing each Chinese firms and Shein, in addition to American giants, similar to Amazon to adapt plans and price increases.
CNBC reports that this was also affected, and American buyers see “import fees” from 130% to 150% added to their accounts. Now, nevertheless, the company is not sending the goods directly from China to the United States. Instead, it only displays the offers of products available in American warehouses, while goods sent from China are listed as outside the warehouse.
“He actively recruits American sellers to join the platform,” said the spokesman ago. “The transfer is to help local sellers reach more customers and develop their companies.”
(tagstotransate) tariffs
Technology
One of the last AI Google models is worse in terms of safety

The recently released Google AI model is worse in some security tests than its predecessor, in line with the company’s internal comparative test.
IN Technical report Google, published this week, reveals that his Flash Gemini 2.5 model is more likely that he generates a text that violates its security guidelines than Gemini 2.0 Flash. In two indicators “text security for text” and “image security to the text”, Flash Gemini 2.5 will withdraw 4.1% and 9.6% respectively.
Text safety for the text measures how often the model violates Google guidelines, making an allowance for the prompt, while image security to the text assesses how close the model adheres to those boundaries after displaying the monitors using the image. Both tests are automated, not supervised by man.
In an e-mail, Google spokesman confirmed that Gemini 2.5 Flash “performs worse in terms of text safety for text and image.”
These surprising comparative results appear when AI is passing in order that their models are more acceptable – in other words, less often refuse to answer controversial or sensitive. In the case of the latest Llam Meta models, he said that he fought models in order to not support “some views on others” and answers to more “debated” political hints. Opeli said at the starting of this yr that he would improve future models, in order to not adopt an editorial attitude and offers many prospects on controversial topics.
Sometimes these efforts were refundable. TechCrunch announced on Monday that the default CHATGPT OPENAI power supply model allowed juvenile to generate erotic conversations. Opeli blamed his behavior for a “mistake”.
According to Google Technical Report, Gemini 2.5 Flash, which is still in view, follows instructions more faithfully than Gemini 2.0 Flash, including instructions exceeding problematic lines. The company claims that regression might be partially attributed to false positives, but in addition admits that Gemini 2.5 Flash sometimes generates “content of violation” when it is clearly asked.
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“Of course, there is a tension between (after instructions) on sensitive topics and violations of security policy, which is reflected in our assessment,” we read in the report.
The results from Meepmap, reference, which can examine how models react to sensitive and controversial hints, also suggest that Flash Gemini 2.5 is much less willing to refuse to reply controversial questions than Flash Gemini 2.0. Testing the TechCrunch model through the AI OpenRoutter platform has shown that he unsuccessfully writes essays to support human artificial intelligence judges, weakening the protection of due protection in the US and the implementation of universal government supervisory programs.
Thomas Woodside, co -founder of the Secure AI Project, said that the limited details given by Google in their technical report show the need for greater transparency in testing models.
“There is a compromise between the instruction support and the observation of politics, because some users may ask for content that would violate the rules,” said Woodside Techcrunch. “In this case, the latest Flash model Google warns the instructions more, while breaking more. Google does not present many details about specific cases in which the rules have been violated, although they claim that they are not serious. Not knowing more, independent analysts are difficult to know if there is a problem.”
Google was already under fire for his models of security reporting practices.
The company took weeks to publish a technical report for the most talented model, Gemini 2.5 Pro. When the report was finally published, it initially omitted the key details of the security tests.
On Monday, Google published a more detailed report with additional security information.
(Tagstotransate) Gemini
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