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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 ...
Abu Dhabi's investment group, MGX, is reportedly considering raising up to $25 billion to increase its artificial ...
Arabian Gulf Business Insight on MSN8d
Abu Dhabi’s MGX in talks to fund French AI startup
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 ...
With sovereign wealth funds like the Abu Dhabi Investment Authority, Saudi Arabia’s Public Investment Fund and the Qatar ...
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 ...
Crypto exchange Binance on Wednesday announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in the company, the largest investment ever ...
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 ...
Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...
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.