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 reported ...

Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe ...

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 ...

Abu Dhabi-based investment group MGX is reportedly considering raising up to $25 billion in third-party capital to expand its artificial intelligence holdings.

Abu Dhabi's MGX Weighs Raising Billions for AI Investment Fund Abu Dhabi-based MGX is considering plans to raise billions of dollars in third-party capital as it looks to ramp up investments in ...

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 reported ...

Launched in late 2024, the Dubai AI Campus is now home to over 150 AI startups, backed by regional VCs and global tech ...

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 ...

SoftBank agreed to buy $2 billion of Intel stock, a surprise deal to shore up a struggling US name while boosting its own ...