Abu Dhabi’s MGX Raises $49 Billion for One of the Biggest Ever AI Funds
Abu Dhabi’s MGX has raised $49 billion for one of the largest funds dedicated to artificial intelligence investments, establishing itself as a major global player in the AI sector. This significant fund supports MGX's ambitions in AI deals worldwide.
MGX artificial intelligence investment fund Abu Dhabi technology investing
Linked Entities
Contributing Articles
Global equity fund inflows rise as investors add tech stocks after market dip
Investing.com —
ElevenLabs explores $22 billion valuation in secondary sale - Bloomberg
Investing.com —
EU to provide 200 million euros to boost South Caucasus connectivity, von der Leyen says
The Straits Times —
BridgeBio secures $1 billion in convertible preferred equity
Investing.com —
UAE's MGX raises one of the biggest AI funds ever as it closes at $49 billion
CNBC —
Abu Dhabi’s MGX Raises $49 Billion for One of the Biggest Ever AI Funds
Bloomberg —