UAE's MGX raises one of the biggest AI funds ever as it closes at $49 billion

Thread starter Tech
Start date Jul 1, 2026

Tech

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Jul 1, 2026

The company is a backer of major AI companies including OpenAI and Anthropic, alongside Elon Musk's xAI, prior to its merger with SpaceX.

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Title: UAE's MGX raises one of the biggest AI funds ever as it closes at $49 billion

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Forum: Tech News

Start date: Jul 1, 2026

Last reply date: Jul 1, 2026

Replies: 0

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Created: Tech, Jul 1, 2026

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