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UAE AI startup secures Irish funding

The UAE-based AI startup AIREV has secured investment from Irish private equity firm Venturewave Capital to accelerate the global rollout of ‘On-Demand’, a pioneering AI operating system that currently has 60,000 users.

The platform simplifies advanced AI development, enabling users to create bespoke AI applications. It currently provides access to models from OpenAI, Google’s Gemini, Meta’s Llama and Arabic-language model Jais.

The funding will support AIREV’s market expansion strategy, helping position On-Demand to access new territories and opportunities through Venturewave’s global reach.

Gulf Economist Staff Writer