Luma AI, a company specializing in generative AI and advanced video and multimodal models, is accelerating its growth by targeting the Middle East as a key region for AI development. CEO and Co-founder Amit Jain highlighted the company’s efforts to build an Arabic world model during an interview at Web Summit Qatar.
The company aims to establish the Middle East as a significant hub for AI computing, leveraging regional data and talent to advance artificial intelligence capabilities. This move positions Luma AI among a select group of firms driving innovation in the AI sector.
**Why this matters**
The Middle East is emerging as an important market for AI technology, with increasing investment and interest in digital transformation. Developing AI models tailored to Arabic and regional contexts can improve accessibility and relevance for local users, while supporting broader AI research and application in the region.
Source: NewsData