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Abu Dhabi-based MGX raised a 49B AI-focused fund, exceeding its 45B target, and plans to deploy as much as $10B annually from the fund over the next few years (Dinesh Nair/Bloomberg)

Dinesh Nair / Bloomberg: Abu Dhabi-based MGX raised a 49B AI-focused fund, exceeding its 45B target, and plans to deploy as much as 10B annually from the fund over the next few years — MGX has raised

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Dinesh Nair / Bloomberg: Abu Dhabi-based MGX raised a 49B AI-focused fund, exceeding its 45B target, and plans to deploy as much as 10B annually from the fund over the next few years — MGX has raised 49 billion for one of the biggest ever funds dedicated to artificial intelligence deals, propelling …

Source: Techmeme | 2026-07-01

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