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Abu Dhabi’s MGX Raises $49 Billion for One of the Biggest Ever AI Funds

Bloomberg Tech · Jul 1, 2026, 6:00 AM · Also reported by 1 other source

MGX has raised $49 billion for one of the biggest ever funds dedicated to artificial intelligence deals, propelling the two-year-old Abu Dhabi firm into the ranks of the most consequential investors in the sector globally.

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Abu Dhabi’s MGX Raises $49 Billion for One of the Biggest Ever AI Funds

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