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Abu Dhabi's MGX Aims to Secure $25 Billion for AI Investment Fund
2 week ago /
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Author：小编
The MGX Investment Group of Abu Dhabi has ambitious plans to raise up to $25 billion in order to bolster its investments in the realm of artificial intelligence. Notably, the group is backed by prominent supporters such as Mubadala Investment Company and G42. To date, MGX has already invested in OpenAI and Musk's xAI, and is currently engaged in investment negotiations with the French AI startup, Mistral. This strategic move underscores MGX's commitment to enhancing its global competitiveness within the AI sector, while also highlighting Abu Dhabi's unwavering dedication to the advancement and development of artificial intelligence.
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