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Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks ...
French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...
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Back in 2019, SoftBank’s Vision Fund sold its entire 4.9 percent stake in Nvidia for $3.3bn, making a $2.6bn profit. If the ...
Arabian Gulf Business Insight on MSN12h

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 ...