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Arabian Gulf Business Insight on MSN1h

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 ...
Company Also Demonstrates Full Spectrum of AI Storage Solutions for PCs, Gaming, Edge, Robotics, and Automotive TAIPEI and ...
AI is impacting various sectors. OpenAI will share AI models. US authorities are investigating AI use in airline ticket pricing. MGX in Abu Dhabi plans a large AI investment fund. A report shows AI ...
Mistral, the fast-rising French AI start-up co-founded by Arthur Mensch two years ago, is seeking a $10-billion valuation in ...
Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks ...
Senators question OCC on ensuring financial stability amid potential conflicts of interest with Trump's crypto venture.
"Open and modular infrastructure is shaping the future of compute. With OCP-aligned and MGX-based platforms, MSI helps ...
OpenAI announced Thursday that it is launching its first AI data center project in Europe, branded as Stargate, located in ...
French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...
Trump-associated World Liberty Financial has invested $10 million in Falcon to advance its USDf stablecoin for onchain ...
Metagenomi, Inc. (NASDAQ:MGX) is one of the 11 Best New Penny Stocks to Buy Right Now. On May 14, Metagenomi, Inc.
Anthropic is in line to double its valuation to over $150 billion following reports of talks with Middle East investors.