Abu Dhabi's MGX teams up with BlackRock and Microsoft to raise …
WEB2 days ago · A robot at the Mohamed bin Zayed University of Artificial Intelligence in Abu Dhabi. AI spending is booming globally. ... Technology. Abu Dhabi's MGX teams up with BlackRock and Microsoft to raise up to $100bn for AI infrastructure . The alliance, which also includes Global Infrastructure Partners, will boost investment in data centres and ...
MGX, Microsoft, BlackRock partner to launch $30bn AI fund - Gulf …
WEB2 days ago · Abu Dhabi; Abu Dhabi’s MGX, Microsoft, BlackRock partner to launch $30bn AI fund ... — Microsoft News and Stories (@MSFTnews) September 17, 2024 “Artificial intelligence is not just an ...
BlackRock, Global Infrastructure Partners, Microsoft and MGX
WEB3 days ago · MGX was created in Abu Dhabi earlier this year to invest in AI and advanced technologies with global partners to enable the technology fabric of the global economy, focusing on AI infrastructure; AI-enabled technology; and semiconductors. Today’s announcement is a major partnership within those segments, building on the emirate’s ...
BlackRock, Global Infrastructure Partners, Microsoft, and MGX …
WEB3 days ago · NEW YORK & REDMOND, Wash. & ABU DHABI, United Arab Emirates, September 17, 2024--The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it ...
BlackRock and Microsoft plan $30bn fund to invest in AI …
WEB3 days ago · MGX was created earlier this year with the backing of Abu Dhabi’s sovereign wealth fund Mubadala to advance the country’s progress in AI. It has been in talks to invest in Open AI’s next ...
Abu Dhabi Launches Comprehensive Global Investment Strategy …
WEBThe Artificial Intelligence and Advanced Technology Council Announces MGX, a Technology Investment Vehicle with Mubadala and G42 as Founding Partners.
Abu Dhabi Launches MGX: A $100B Global AI Investment …
WEBMar 11, 2024 · Abu Dhabi has unveiled MGX, a new technology investment company aimed at accelerating the development and adoption of artificial intelligence (AI) and advanced technologies.
Abu Dhabi Targets $100 Billion AUM for AI Investment Firm - Bloomberg.com
WEBMar 11, 2024 · Abu Dhabi Targets $100 Billion AUM for AI Investment Firm. The new firm, MGX, will target deals in AI and semiconductors; Mubadala and AI firm G42 named as MGX’s foundational partners
Abu Dhabi in talks to invest in OpenAI chip venture - Financial Times
WEBMar 15, 2024 · By setting up MGX, in partnership with G42 and Mubadala, Sheikh Tahnoon said in a statement that Abu Dhabi was establishing a “national champion” for AI that would “further advance the UAE’s...
Microsoft, Blackrock and MGX launch AI partnership
WEB2 days ago · 18 Sep 2024 19:00. Microsoft, BlackRock, a global investment company and MGX, an Abu Dhabi-based technology focused fund, are launching more than $30 billion fund to build data centres and energy projects, a statement from the companies said. The programme known as the Global AI Infrastructure Investment Partnership (GAIIP) aims …
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