AI Infrastructure technology provider OmniOps launched the Kingdom’s first sovereign Inference as a service platform, Bunyan, according to a statement (pdf). The platform enables companies to build AI-driven applications to automate workflows, aiming to provide AI capabilities for text, vision, and speech applications while ensuring data remains sovereign and compliant within the Kingdom.

About Bunyan: Bunyan is an end-to-end AI infrastructure stack that allows users to deploy custom AI models on hardware from Nvidia and Groq. The platform claims it can double AI inference speed, halve energy use, and cut latency by at least 40%. It also features a unified AI model catalog providing access to public and private large language models (LLMs), speech recognition, and computer vision technologies.

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DEVELOPMENT FINANCE-

The Saudi Fund for Development (SFD) signed two development loan agreements worth USD 32 mn with Bosnia and Herzegovina, it said in a press release on Monday. The agreements will fund the construction of a USD 19 mn scientific center in a science and technology park, spanning some 200k sqm, and equip a student housing facility at the Borisa Starović Public Institution Student Center for USD 13 mn.

A long line of support: To date, the SDF has provided the Balkan country over USD 163 mn to finance 27 development projects and has allocated more than USD 53 mn in four grants, contributing to its sustainable social growth and economic prosperity.

REAL ESTATE-

Roshn turns to Singapore for AI + entrepreneurship partnerships: Real estate developer Roshn Group signed agreements with two Singaporean organizations, AI Singapore and the Action Community for Entrepreneurship (Ace), it said in two separate statements. The collaboration with Ace will connect Roshn with Singaporean startups, while the agreement with AI Singapore will focus on jointly developing and testing AI applications for the real estate industry.

IN CONTEXT- The agreements were signed under Roshn’s ROSHNEXT program, which it launched in May. The initiative, which complements the Roshn Mobile Experience and Roshn Hackathon, aims to integrate new technologies and partners to collaboratively create innovative housing solutions.

RENEWABLES-

Tamimi goes solar with Yellow Door agreement: Tamimi Markets signed a solar lease agreement with UAE-based sustainable energy provider Yellow Door Energy to install rooftop solar panels at its distribution centers in Dammam and Jeddah, according to a press release. The total system capacity will reach 900 kWp, with 465 kWp installed at the Jeddah fulfillment center and 435 kWp across two Dammam facilities. Construction is underway, with completion slated for the end of 2025.

More details: Over 1.5 high-efficiency bifacial solar panels will cover 7.2k sqm of rooftop space and are expected to generate 1.5 mn kWh of clean energy in the first year, cutting carbon emissions by about 586 metric tons. Yellow door will handle the full setup and maintenance.

MINING-

The Industry and Mineral Resources Ministry allocated seven new sites for mining complexes in the Riyadh, Makkah, Aseer, and Al Baha regions, it saidon X on Monday. In Riyadh, the allocations include a 37.9 sq km site in Rumah, a 30.6 sq km site in Al Duwadimi, a 10.4 sq km site in Afif, and a 2 sq km site in Al Majma’ah. Makkah was granted a 25 sq km site in Taif. In Aseer, the Al Hadbah and Al Qurain complex in Bisha was expanded to 72.8 sq km, while Al Baha received a newly designated 0.7 sq km site.

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