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MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever

Bloomberg Tech · Jun 24, 2026, 7:39 PM · Also reported by 2 other sources

Bloomberg's Jennifer Surane joins Dani Burger and Scarlet Fu on "Bloomberg Deals." 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. (Source

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MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever

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