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Abu Dhabi’s MGX Raises $49 Billion for One of the Biggest Ever AI Funds

MGX has raised $49 billion for one of the biggest ever funds dedicated to artificial intelligence deals, propelling the two-year-old Abu Dhabi firm into the ranks of the most consequential investors in the sector globally.

This article was originally published by Bloomberg Markets and is republished here under license.

MGX has raised $49 billion for one of the biggest ever funds dedicated to artificial intelligence deals, propelling the two-year-old Abu Dhabi firm into the ranks of the most consequential investors in the sector globally.

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