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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 ...
With sovereign wealth funds like the Abu Dhabi Investment Authority, Saudi Arabia’s Public Investment Fund and the Qatar ...
Launched in late 2024, the Dubai AI Campus is now home to over 150 AI startups, backed by regional VCs and global tech ...
SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time ...
Arabian Gulf Business Insight on MSN3d
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, ...
Abu Dhabi-based investment group MGX is reportedly considering raising up to $25 billion in third-party capital to expand its artificial intelligence holdings.
French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...
The funding would accelerate the commercial rollout of Mistral's Le Chat chatbot and support continued development of its ...
Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...