MGX: Abu Dhabi's $10B AI Investment Powerhouse
business#investment📝 Blog|Analyzed: Feb 18, 2026 06:32•
Published: Feb 18, 2026 06:20
•1 min read
•TechmemeAnalysis
MGX, Abu Dhabi's investment vehicle, is making a major splash in the AI world! With plans to invest up to $10 billion annually, the firm is poised to significantly accelerate innovation by backing companies like Anthropic, xAI, and OpenAI. This influx of capital promises exciting advancements in Generative AI.
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View Original"the firm plans to spend up to $10B annually over the next few years"