INVESTOR TRIFECTA
Abu Dhabi’s MGX envisions $10 billion in annual spending on AI
The fund expects to reach $100 billion in assets under management and help the UAE convert its oil wealth into global technological influence
WAM
UAE President Sheikh Mohamed bin Zayed and MGX Chairman Sheikh Tahnoon bin Zayed met in Abu Dhabi last year with OpenAI CEO Sam Altman
Add The Circuit on GoogleAfter plowing billions of dollars into Anthropic, OpenAI and xAI, Abu Dhabi’s MGX fund is rapidly emerging as one of the world’s most active investors in artificial intelligence.
The emirate-owned vehicle, barely two years old, is now prepared...
