The Information1d
What Trump’s Sovereign Wealth Fund Could Mean for Tech
The U.S. should start a sovereign wealth fund and maybe it should invest in TikTok, President Trump suggested earlier this ...
Pensions&Investments13d
Abu Dhabi’s MGX helps bankroll Trump’s $100 billion AI plan
Set up in March, with Mubadala Investment Co. and G42 as founding partners and a goal of eventually topping $100 billion in ...
The Abu Dhabi Fund Helping Bankroll Trump’s $100 Billion AI Plan
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence ...
Yahoo Finance14d
Abu Dhabi’s MGX Helps Bankroll Trump’s $100 Billion AI Plan
was previously head of direct investments at the sovereign wealth fund. MGX recently recruited an executive from Swedish investment firm EQT AB’s sourcing tool, Motherbrain, as Chief AI ...
What is Project Stargate? Why this $500-billion AI initiative could herald a 'platform shift'
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions ...
BBC15d
Tech giants are putting $500bn into 'Stargate' to build up AI in US
The creator of ChatGPT, OpenAI, is teaming up with another US tech giant, a Japanese investment firm and an Emirati sovereign ...
RCR Wireless News8d
As Databricks heads toward an IPO, Meta joins as a ‘strategic investor’
Following 60% year-over-year growth in the last quarter, Databricks continues to bring in major investors to support its ...