GROWING ASSETS

Mubadala assets climb to $327 billion amid AI, credit push

In its 2024 earnings statement, Mubadala cites co-founding the MGX fund for AI investments as a highlight of the fund's activities over the past year

Mubadala

Mubadala headquarters in Abu Dhabi

Mubadala Investment Co., Abu Dhabi’s second-largest sovereign wealth fund, grew more than 9% last year, with assets under management reaching $327 billion.

In a 2024 earnings statement released today, Mubadala cited its co-founding of the MGX tech...