MGX

Report: Mistral Aims to Raise Financing for AI Cloud Service

Report: Mistral Aims to Raise Financing for AI Cloud Service
Report: Mistral Aims to Raise Financing for AI Cloud Service
July 08, 2025  |  artificial intelligence

Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors including MGX as well as hundreds of...

READ MORE >
Saudi Arabia and UAE Vie for Middle East AI Supremacy
Saudi Arabia and UAE Vie for Middle East AI Supremacy
June 09, 2025  |  artificial intelligence

Saudi Arabia and the United Arab Emirates (UAE) are locked in a high-stakes race to be the main artificial intelligence (AI) tech hub in the...

READ MORE >
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
March 19, 2025  |  artificial intelligence

Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. Get the Full Story Complete the form to unlock...

READ MORE >
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
September 22, 2024  |  artificial intelligence

Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Get the Full Story Complete the form to unlock this...

READ MORE >
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
September 12, 2024  |  Investments

MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. Get the Full Story Complete the...

READ MORE >