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5 hours ago

Abu Dhabi AI Fund MGX Closes at $49 Billion, Backing Every Major US Frontier Lab

Abu Dhabi AI Fund MGX Closes at $49 Billion, Backing Every Major US Frontier Lab

Abu Dhabi's technology investment firm MGX closed its inaugural Fund I at $49 billion on Wednesday, surpassing its original $45 billion target and completing what is now one of the largest single-purpose AI investment vehicles ever assembled. The... Read more.

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