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Title: CNTXT AI Closes $60M Series A to Deploy Sovereign AI Globally

United Arab Emirates, 17th Jun 2026 — CNTXT AI, a UAE-based data and AI company that enables companies and institutions to develop AI solutions while maintaining full sovereignty over their data, announced the successful closing of a $60 million Series A funding round.The round was co-led by two of the region’s most active AI investors: AI71, Abu Dhabi's applied AI company focused on sovereign, domain‑specialized AI, and BlueFive Capital, a global asset manager originating out of the GCC. The funding will support continued product development, expansion into new markets, and global deployment of secure AI infrastructure for enterprise and public-sector environments.CNTXT AI was founded by Mohammad Abu Sheikh, a tech entrepreneur with a track record of successful exits and deep experience across AI infrastructure, applied AI platforms, and ecosystem development. Abu Sheikh's previous venture LocAI was successfully acquired by AI71, who now returns as co-lead investor in this round. He is also the founder of SMPL AI, a $25 million fund supporting early-stage AI startups, reinforcing his role in building a global AI ecosystem focused on real-world impact.The company works with global technology leaders including Oracle, NVIDIA, and AWS, and has supported several major global AI developers on large language model initiatives, deploying enterprise and government AI projects across multiple markets. Its proprietary products include Munsit, the most accurate Arabic voice AI, which has processed over one million minutes of speech and serves more than 250 enterprises and 150,000 users.Mohammad Abu Sheikh, Founder and CEO of CNTXT AI:“The era of AI experimentation is over; the era of execution has begun. This funding strengthens our ability to build the sovereign infrastructure a...

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