MG

MGX

AI and technology investment · Private company

Abu Dhabi-based investment company in talks to anchor OpenAI's $30 billion round with a syndicate of UAE funds putting in as much as $10 billion. MGX raised close to $50 billion this year, already holds OpenAI, Anthropic and xAI paper, and runs a $30 billion AI infrastructure vehicle with BlackRock, Microsoft and Nvidia.

Sign up

Get your curated digest

After email confirmation, you will receive a daily digest of the most relevant news that matter to your portfolio