MGX

Report: Mistral Aims to Raise Financing for AI Cloud Service
Report: Mistral Aims to Raise Financing for AI Cloud Service
July 08, 2025  |  artificial intelligence

Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors including MGX as well as hundreds of...

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Saudi Arabia and UAE Vie for Middle East AI Supremacy
Saudi Arabia and UAE Vie for Middle East AI Supremacy
June 09, 2025  |  artificial intelligence

Saudi Arabia and the United Arab Emirates (UAE) are locked in a high-stakes race to be the main artificial intelligence (AI) tech hub in the...

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Trump Family Stablecoin Used for MGX’s $2 Billion Binance Investment
Trump Family Stablecoin Used for MGX’s $2 Billion Binance Investment
May 01, 2025  |  Cryptocurrency

The Trump family’s new stablecoin was reportedly used for a $2 billion investment into Binance by Abu Dhabi’s MGX. Get the Full Story Complete the form to unlock...

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Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
March 19, 2025  |  artificial intelligence

Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. Get the Full Story Complete the form to unlock...

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Binance Lands Biggest-Ever Crypto-Related Investment Funded In Stablecoins
Binance Lands Biggest-Ever Crypto-Related Investment Funded In Stablecoins
March 12, 2025  |  Investments

Binance has secured a $2 billion investment from Abu Dhabi tech investor MGX. Get the Full Story Complete the form to unlock this article and...

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AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
September 22, 2024  |  artificial intelligence

Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Get the Full Story Complete the form to unlock this...

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Microsoft-Backed Partnership Aims to Raise $100 Billion for AI Infrastructure
Microsoft-Backed Partnership Aims to Raise $100 Billion for AI Infrastructure
September 17, 2024  |  artificial intelligence

A new artificial intelligence (AI) partnership that includes Microsoft and BlackRock aims to mobilize up to $100 billion in total investment potential for data centers...

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Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
September 12, 2024  |  Investments

MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. Get the Full Story Complete the...

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