AICNBC Techabout 3 hours ago
UAE's MGX closes $49 billion AI fund
1 min read
Abu Dhabi's MGX closed a $49 billion AI fund, one of the largest ever. The fund co-led Anthropic's $30 billion raise and OpenAI's $122 billion raise. It exceeded its $45 billion target and backs 14 companies across semiconductors, infrastructure, and platforms.
Level
Hype check
Tap to vote and see what everyone thinks.
