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Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks ...
French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...
Arabian Gulf Business Insight on MSN1d

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 ...
Arabian Gulf Business Insight on MSN3d

Abu Dhabi’s MGX in talks to fund French AI startup

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, ...
Metagenomi (MGX) Reports Q1 Loss, Misses Revenue Estimates Metagenomi (MGX) delivered earnings and revenue surprises of -9.68% and 52.83%, respectively, for the quarter ended March 2025.
Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...