Falak Holding has acquired a majority stake in Kernel, including its operations in Saudi Arabia and Jordan. Kernel is a company that builds AI solutions and applications. This move will help Falak grow its presence in advanced technology and strengthen its AI capabilities.
Kernel was founded to turn AI knowledge into real, useful applications that create impact.
The company develops AI-based products and also runs training programs and initiatives like AI Startup Lab, which helps teams build real AI products and turn ideas into scalable business solutions.
With this acquisition, Falak plans to combine Kernel’s technical skills with its own business and investment network.
This will help support AI startups, speed up product development, and make it easier for companies to use AI in practical ways.
Even after the deal, Kernel will continue to operate independently under Falak Holding.
At the same time, it will benefit from Falak’s investment network and entrepreneurial platform to drive innovation and build new technology companies.
Adwa Al-Dakheel, Founder and CEO of Falak, said, “Artificial intelligence is one of the most important drivers of technological and economic transformation globally. Our acquisition of Kernel aligns with our vision to strengthen Falak’s capabilities in this space and build an integrated ecosystem that combines investment, innovation, and the practical application of advanced technologies.”
Abdullah Alghuwairi, Founder of Kernel, added, “Kernel was founded to make artificial intelligence a practical tool that companies and innovators can use to build real products and solutions. Joining Falak’s ecosystem opens new opportunities to expand our impact and accelerate the development of AI technologies in the region.”
The company was created to turn AI technology into practical and scalable products for the market. The acquisition will help Falak grow its strength in advanced technologies and expand its AI investment ecosystem.
Even after the deal, Kernel will continue to work independently while using Falak’s network to support innovation.
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