CONNECT WITH US
Tech

Tech

MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever

BloomBerg logo

Published on

Add as a preferred source on Google
MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever

Bloomberg's Jennifer Surane joins Dani Burger and Scarlet Fu on "Bloomberg Deals." Abu Dhabi’s MGX has raised close to $50 billion from regional and global investors to accelerate spending on artificial intelligence infrastructure and technology, according to people familiar with the matter. (Source: Bloomberg)

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Google Preferred Source