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ABU DHABI'S MGX RAISES $50B FOR AI FUND
Abu Dhabi-based MGX has closed a nearly $50 billion fundraising round from regional and global investors to build one of the largest artificial intelligence infrastructure funds. The capital will accelerate spending on AI technology and infrastructure development.
Bloomberg Tech+0m
Bloomberg's Jennifer Surane joins Dani Burger and Scarlet Fu on "Bloomberg Deals." Abu Dhabi’s MGX has raised close to $…
Bloomberg Tech+6d 10h
MGX has raised $49 billion for one of the biggest ever funds dedicated to artificial intelligence deals, propelling the…