Lux Capital has announced a strategic investment in 1001 AI, a new venture founded by former Scale AI alum Bilal Abu-Ghazaleh and based in the United Arab Emirates. The investment signals strong confidence in the company's vision to establish itself as the premier AI orchestration layer for critical industries across the Gulf region. Josh Wolfe, a co-founder of Lux Capital, confirmed the backing via social media, stating, > "Revealing Lux's latest investment🇦🇪🇺🇸 funding super smart Scale AI alum Bilal Abu-Ghazaleh in new venture 1001 AI based in UAE."
1001 AI aims to develop an advanced AI-powered platform designed to optimize complex industrial operations, integrating diverse data streams and AI models for real-time insights and automation. The company's initial focus is on sectors such as construction project management, aviation logistics, and broader supply chain optimization within the Gulf. > "The vision is to be the Gulf’s go-to orchestration layer for industries ranging from construction to aviation to logistics––before expanding globally," Wolfe elaborated.
Bilal Abu-Ghazaleh brings significant expertise from his tenure at Scale AI, where he contributed to the development of scalable AI solutions and managed complex data pipelines. His background in building robust AI infrastructure is expected to be instrumental in 1001 AI's mission to create an efficient and comprehensive orchestration layer for industries. This experience directly aligns with the new venture's ambitious goals.
The investment underscores the growing importance of the UAE as a global technology and AI hub, supported by initiatives like the UAE National AI Strategy 2031. The region's robust drive for digital transformation in key economic sectors presents a fertile ground for AI solutions that can enhance efficiency and reduce operational costs. Lux Capital's involvement highlights the strategic potential of 1001 AI to capitalize on this market and drive industrial innovation.