:
[STARTUPS]■ STORY TIMELINE

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.

1 SOURCEFIRST SEEN JUN 24, 07:39 PM► READ THE ARTICLE
Bloomberg Tech+0m

Bloomberg's Jennifer Surane joins Dani Burger and Scarlet Fu on "Bloomberg Deals." Abu Dhabi’s MGX has raised close to $…