LocAI
AI company founded by Mohammad Abu Sheikh and later acquired by AI71; no terms or date were published.
Industry: Artificial intelligence applications | Founded: 2023
About LocAI
LocAI is an artificial intelligence company founded by Mohammad Abu Sheikh, who later founded CNTXT AI. Enterprise AM describes it as a company that built applications on large language models. Wamda, Entrepreneur Middle East and TechScoop report that AI71, the Abu Dhabi applied AI company, acquired LocAI; none of them gives a date, price or other terms. In an interview, Unite.ai describes LocAI as an application layer that sits on top of the data and infrastructure CNTXT AI builds, and names Abu Sheikh as a co-founder. No company website, product page or founding date for this LocAI could be opened.
Leadership
- Mohammad Abu Sheikh, Founder