– Nama Ventures announces NVIDIA’s acquisition of Brev.dev, enhancing access to AI chipsets for startups.
– Brev.dev’s AI and ML platform, co-founded by Nader Khalil and Alec Fong, leverages NVIDIA GPUs to streamline AI model development on the cloud.
– Mohamed Alzubi, Founder and Managing Director at Nama Ventures, celebrates the acquisition as a testament to Brev.dev’s innovative team and technology, looking forward to more successful exits from portfolio startups.
Nama Ventures, a venture capital firm in the MENA region, is to announce that NVIDIA, a global AI technology leader, has acquired Brev.dev, a portfolio company that provides startups with access to AI chipsets.
This acquisition underscores Nama Ventures’ capability to identify and support groundbreaking technologies, enhancing its reputation in the venture capital sector. The NVIDIA acquisition of Brev.dev signifies a new era of growth and innovation for both companies. Nama Ventures remains committed to fostering impactful startups and advancing technological progress in the region.
Founded by Nader Khalil and Alec Fong, Brev.dev is recognized for its AI and ML platform that streamlines the process of building, training, and deploying AI models on the cloud. The platform leverages the latest NVIDIA GPUs, delivering the performance and cost-efficiency developers need to create robust AI models.
Mohamed Alzubi, Founder and Managing Director at Nama Ventures, expressed his enthusiasm for the acquisition, commending Brev.dev for its exceptional team and innovative technology. Alzubi emphasized that NVIDIA’s recognition of Brev.dev’s potential is a significant milestone.
Alzubi described the acquisition as thrilling and noted Brev.dev’s remarkable team and cutting-edge technology. He is excited to see NVIDIA acknowledge the company’s vast potential and looks forward to more successful exits from Nama Ventures’ portfolio.
Nama Ventures continues to focus on investing in early-stage opportunities and supporting startups in achieving their goals. The firm anticipates more successes in collaboration with its partners and investors.
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