OPPORTUNITY KNOCKS
Mubadala poured money into AI because it saw problems to fix
Speaking at the Milken conference, Mubadala's Waleed Al Mokarrab Al Muhair says the new MGX fund will ‘enable’ AI’s next revolutionary steps
Screenshot from Milken Global Conference
Mubadala Deputy Group CEO Waleed Al Mokarrab Al Muhair
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Abu Dhabi’s Mubadala sovereign wealth fund invested billions in artificial intelligence because it recognized early that the difficulties of building power-hungry AI networks could turn into big profits down the line, Deputy Group CEO Waleed Al Mokarrab Al Muhair...