Abu Dhabi sovereign wealth fund-backed artificial intelligence investor MGX entered the cryptocurrency and blockchain sectors with a $2 billion investment in crypto exchange Binance. MGX is an ...

Middle Eastern sovereign wealth funds are increasing investments in Silicon Valley's AI sector. Nations like Saudi Arabia, UAE, and Qatar use tech investments to diversify their economies, with AI ...

A little known crypto fund bought $100 million of World Liberty Financial Inc. tokens, the second Middle East-based investor ...

The fund has hired from Mubadala’s ranks, according to posts on LinkedIn, and its CEO, Ahmed Yahia Al Idrissi, was previously head of direct investments at the sovereign wealth fund. MGX ...

MGX was established last year by the government of Abu Dhabi in the United Arab Emirates to invest in artificial intelligence projects and companies. The fund is a collaboration between Abu Dhabi ...

The company, called MGX, will count sovereign wealth fund Mubadala Investment Co. and AI firm G42 as founding partners. Ahmed Yahia Al Idrissi, ...

MGX, a new AI fund out of The United Arab Emirates, ... For the U.S., having sovereign wealth funds invest in American companies, and not in global adversaries like China, ...

Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC , and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin backed by dirhams, they said on ...

Abu Dhabi's $330-billion sovereign wealth fund says no one appreciates the level of disruption that AI is about to unleash By Natasha Turak,CNBC • Published January 20, 2025 • Updated on ...

The fund has hired from Mubadala’s ranks, according to posts on LinkedIn, and its CEO, Ahmed Yahia Al Idrissi, was previously head of direct investments at the sovereign wealth fund. MGX ...

MGX, a new AI fund out of The United Arab Emirates, ... For the U.S., having sovereign wealth funds invest in American companies, and not in global adversaries like China, ...