Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks ...

Abu Dhabi's investment group, MGX, is reportedly considering raising up to $25 billion to increase its artificial ...

French AI startup Mistral is reportedly planning to secure $1 billion from Abu Dhabi’s technology investment company MGX as well as other venture capital funds. The company, which is based in Paris, ...

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 ...

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 ...

Back in 2019, SoftBank’s Vision Fund sold its entire 4.9 percent stake in Nvidia for $3.3bn, making a $2.6bn profit. If the ...

A newly established investment firm in Abu Dhabi is reportedly in discussions to back OpenAI‘s chip ambitions. MGX, which is state-funded and just launched, is chaired by Sheikh Tahnoon bin ...

Mubadala is a founding investor in MGX, Abu Dhabi's AI-focused investment vehicle. The fund took part in OpenAI's latest fundraising round in October, which raised $6.6 billion.

Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...