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(Reuters) -Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment ...
2h
Arabian Gulf Business Insight on MSNMGX 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 ...
Abu Dhabi-based investment group MGX is reportedly considering raising up to $25 billion in third-party capital to expand its artificial intelligence holdings.
French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...
The funding would accelerate the commercial rollout of Mistral's Le Chat chatbot and support continued development of its ...
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Cryptopolitan on MSNAnthropic in talks to double valuation to $150B despite concerns to ‘enrich dictators’
Anthropic is in line to double its valuation to over $150 billion following reports of talks with Middle East investors.
The News Abu Dhabi-based investment firm MGX plans to invest $8-$10 billion a year in artificial intelligence infrastructure and companies, particularly in the US, as the technology’s potential ...
French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, ...
Abu Dhabi’s MGX Invests $2B in Binance, Securing First Institutional Backing for Crypto Giant Ayesha Aziz Thu, Mar 13, 2025, 12:58 AM2 min read ...
Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...
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