CLAUDE CAPITAL

MGX expands global AI footprint with investment in Anthropic

The investment deepens MGX’s growing presence in OpenAI and other technology ventures that have made Abu Dhabi one of AI’s global hubs

Davide Bonaldo/SOPA Images/LightRocket via Getty Images

Abu Dhabi-based AI investment firm MGX joined Anthropic’s latest fundraising round, which valued the U.S. artificial intelligence company at $965 billion.

MGX was among the major investors in the Series H round led by Altimeter Capital, Dragoneer,...