Dream Company secures $260M funding

Dream, a company specializing in sovereign AI solutions and cyber defense based in Abu Dhabi, announced that it has raised $260 million in a new funding round, pushing its market valuation to $3 billion. The investments were led by Bicycle Capital and Group 11, with participation from other funds, bringing the company’s total capital to $412 million within three years of its founding. The company is working on developing secure platforms and artificial intelligence solutions tailored to support government agencies and vital infrastructure, emphasizing the importance of national control over AI systems and sensitive data.

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