MGX has raised $49 billion for its new MGX Fund I to make investments across the artificial intelligence technology stack. The Abu Dhabi-based technology investment...
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...
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...
The Trump family’s new stablecoin was reportedly used for a $2 billion investment into Binance by Abu Dhabi’s MGX. As Bloomberg News reported Thursday (May 1), the actual investment happened...
Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. The AI Infrastructure Fund, backed by BlackRock, Microsoft and...
Binance has secured a $2 billion investment from Abu Dhabi tech investor MGX. The cryptocurrency platform says the deal, announced Wednesday (March 12), is noteworthy...
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab...
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...