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MGX raises approximately $50B to fuel AI dealmaking
Abu Dhabi’s #MGX has secured approximately $50B from regional and international investors to expand investments in #AI infrastructure and technology. The fresh capital gives MGX greater capacity to fund increasingly expensive AI models, data centers, and chip infrastructure. The latest raise comes as governments, sovereign wealth funds, and private equity firms increasingly compete for AI opportunities, viewing the sector as a key driver of future growth.
👉 bloomberg.com/news/articles/2026-06-23/abu-dhabi-s-mgx-raises-about-50-billion-to-accelerate-ai-deals
Abu Dhabi’s #MGX has secured approximately $50B from regional and international investors to expand investments in #AI infrastructure and technology. The fresh capital gives MGX greater capacity to fund increasingly expensive AI models, data centers, and chip infrastructure. The latest raise comes as governments, sovereign wealth funds, and private equity firms increasingly compete for AI opportunities, viewing the sector as a key driver of future growth.
👉 bloomberg.com/news/articles/2026-06-23/abu-dhabi-s-mgx-raises-about-50-billion-to-accelerate-ai-deals
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