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 …

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
Source Link: https://www.techmeme.com/260701/p30#a260701p30