Al Moammar Information Systems (MIS), a leading Saudi-listed IT firm, has fully exited its investment in the US-based AI firm Anthropic, earning $9.33 million—a profit of $4.26 million—to be reported in Q2 2025 .
MIS originally invested $5 million in Anthropic during its January 2024 Series D round. This was a part of a broader self-funded AI investment portfolio worth SAR 40 million (~$10.7M).
Strong Returns & Strategic Intent
MIS’s Anthropic investment achieved an outstanding 84% return in just 18 months. Earlier this year, it also exited OpenAI with a 40% gain ($3.4M), underscoring a pattern of strategic timing and value realization.
MIS aims to diversify its revenue and stay ahead in AI innovation. By selling high-performing stakes like Anthropic and OpenAI, it frees capital to explore the next wave of global AI disruptors.
Why MIS Chose Anthropic
Anthropic is a major player in large language modeling (LLMs), backed by global investors like Google, Salesforce Ventures, and Amazon. MIS viewed it as a strategic fit for its global AI ambitions, offering exposure to cutting-edge models and significant upside.
A Reuters brief highlighted MIS’s board approval to deploy SAR 40 million into AI-centric investments—showing foresight in diversifying via international AI companies like Anthropic.
Reallocating Capital, Investing in Tomorrow
MIS stated the divestment reflects its proactive strategy to reallocate capital toward new opportunities in AI and tech. As Gulf firms increasingly support generative AI, MIS aims to stay nimble and opportunistic.
This agile capital management fits within Saudi Arabia’s Vision 2030 agenda, which encourages tech investment and economic diversification.
MIS in the AI Ecosystem
MIS’s timing taps into a larger trend: Gulf investors, including corporate and sovereign funds, are actively investing in global AI firms. They’re eyeing both financial returns and strategic tech access.
MIS’s dual exits from Anthropic and OpenAI show a clear pattern: invest early, exit smartly, and reinvest in emerging AI trends. It aims to build a high-performing, globally diversified AI portfolio.