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(Reuters) -Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment ...
Arabian Gulf Business Insight on MSN21h
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 ...
French artificial intelligence startup Mistral is in talks with investors, venture capital firms and Abu Dhabi's MGX to raise ...
Abu Dhabi-based investment group MGX is reportedly considering raising up to $25 billion in third-party capital to expand its artificial intelligence holdings.
MGX, Binance and Zach Witkoff were not immediately available for comment. “We thank MGX and Binance for their trust in us,” Witkoff said during the panel. “It’s only the beginning.” ...
Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...