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Market Chatter: Amazon-Funded Scale AI Targets Middle East Growth With Saudi Office Launch
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Market Chatter: Amazon-Funded Scale AI Targets Middle East Growth With Saudi Office Launch
May 26, 2025 5:39 AM

04:56 AM EDT, 05/12/2025 (MT Newswires) -- Scale AI, which counts Amazon ( AMZN ) among its investors, plans to establish a presence in Saudi Arabia by year-end as part of its expansion in the Middle East, Bloomberg News reported Monday, citing an interview with the company's managing director, Trevor Thompson.

The US-based artificial intelligence company will reportedly also extend operations to the United Arab Emirates, but the exact timing remains uncertain.

A company spokesperson also verified the intent to launch a Riyadh office to Bloomberg and added that Scale AI plans to expand more broadly across the region.

Shares of Amazon ( AMZN ) were up over 6.5% in recent Monday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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