Scoopfeeds — Intelligent news, curated.
Abu Dhabi’s MGX Raises About $50 Billion to Accelerate AI Deals
tech

Abu Dhabi’s MGX Raises About $50 Billion to Accelerate AI Deals

Bloomberg Tech · Jun 23, 2026, 10:57 AM · Also reported by 1 other source

Abu Dhabi’s MGX has raised close to $50 billion from regional and global investors to accelerate spending on artificial intelligence infrastructure and technology, according to people familiar with the matter.

Read full story on Bloomberg Tech → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Tech alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop