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

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, ...

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

With sovereign wealth funds like the Abu Dhabi Investment Authority, Saudi Arabia’s Public Investment Fund and the Qatar ...

French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...

According to a report from Bloomberg, the purchase is the result of efforts by SoftBank to involve Foxconn in the $500 ...

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 ...

Donald Trump–backed DeFi project World Liberty Financial (WLFI) aims to establish a $1.5 billion crypto treasury firm.

Home News Silicon & Storage Abu Dhabi considers investing in OpenAI's chip venture Newly-launched state-backed AI fund MGX in talks with Sam Altman March 17, 2024 By Sebastian Moss Comment ...

Binance, the world's largest cryptocurrency exchange, said it has received a $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor.

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