MGX

AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
September 22, 2024  |  artificial intelligence

Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab...

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Microsoft-Backed Partnership Aims to Raise $100 Billion for AI Infrastructure
Microsoft-Backed Partnership Aims to Raise $100 Billion for AI Infrastructure
September 17, 2024  |  artificial intelligence

A new artificial intelligence (AI) partnership that includes Microsoft and BlackRock aims to mobilize up to $100 billion in total investment potential for data centers...

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Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
September 12, 2024  |  Investments

MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. The fund has not determined the...

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