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Arabian Gulf Business Insight on MSN8m
MGX to raise $25bn for AI push
UAE technology investment company MGX is reportedly planning to raise $25 billion to accelerate its push into AI. The capital will be raised through a fund structure, with backing expected from ...
Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...
Abu Dhabi's investment group, MGX, is reportedly considering raising up to $25 billion to increase its artificial ...
MGX, which has invested in OpenAI and Elon Musk's xAI, is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser ...
French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...
Abu Dhabi-based investment group MGX is reportedly considering raising up to $25 billion in third-party capital to expand its artificial intelligence holdings.