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

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

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, ...

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

Binance just secured a $2 billion investment from MGX, an Abu Dhabi-based AI and tech investment giant, according to a press release by the exchange today. The deal, paid entirely in stablecoins ...

Abu Dhabi launched the MGX investment firm last year with a focus on AI technology. In September, MGX partnered with the likes of BlackRock and Microsoft to launch a more than $30 billion AI fund ...

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 ...

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.

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 crypto exchange, secured a $2B minority investment from MGX, marking the Abu Dhabi investment fund's first foray into crypto and blockchain sectors.

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