BREAKING
MGX Raises About $50B for AI
0
B
Current raise
0
B
AUM target
0
B
Yearly plan
Founded 2024 in Abu Dhabi
Capital Sources vs Targets
Capital Sources
●
Regional sovereign wealth funds
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Global pension funds
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Institutional investors
Investment Areas
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AI infrastructure
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Semiconductors
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Core AI tech and apps
Where MGX Has Already Bet
1
OpenAI
↓
2
xAI
↓
3
Anthropic
↓
4
Stargate
State-Led AI Capital in Focus
AI NEWS BLITZ
Abu Dhabi-backed MGX has raised around fifty billion dollars to accelerate its AI investments.