MGX declined to comment on the report and Reuters could not immediately verify it. Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but ...

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, ...

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.

Abu Dhabi's AI push is led by the state-backed G42 and MGX, in which the $330 billion wealth fund Mubadala is a partner. (Reporting by Federico Maccioni in Dubai and Krystal Hu in New York ...

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 ...

No final decisions have been made. A representative for MGX declined to comment. If the fund eventually taps global investors, that would mark a rare instance of an Abu Dhabi-based entity seeking ...

DUBAI (Reuters) -Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest ...

Stablecoins are a type of digital asset designed to hold a constant value, typically with a peg to a fiat currency. Abu Dhabi launched the MGX investment firm last year with a focus on AI technology.

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.

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 ...

Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks to ramp up its artificial intelligence holdings, Bloomberg News ...

Sponsored Bank Accounts Abu Dhabi's AI push is led by the state-backed G42 and MGX, in which the $330 billion wealth fund Mubadala is a partner.