Abu Dhabi’s Lunate weighs $1 billion AI investment in MGX
Lunate works with many of the world’s largest firms including BlackRock, Blackstone, CVC Capital Partners and Brookfield Asset Management
FADEL SENNA/AFP via Getty Images
Lunate is based in Abu Dhabi
Abu Dhabi’s Lunate investment firm is spearheading a new push to bolster the UAE’s global position in developing artificial intelligence technology.
The two-year-old Abu Dhabi asset manager is now considering a possible investment of up to $1 billion...