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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 ...
Preparations are well under way for the Games of the Future 2025, a phygital sport event being hosted by Abu Dhabi in December. Organised by Phygital International, phygital sport combines traditional ...
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 ...
Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks ...
Softbank Group Corp is building up stakes in Nvidia Corp and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the latest ...
CNBC notes that ChatGPT's 40-percent usage boost includes customers from free, Plus Pro, Enterprise, Team, and Educational ...