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Donald Trump–backed DeFi project World Liberty Financial (WLFI) aims to establish a $1.5 billion crypto treasury firm.
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time ...
Coachella is famously one of the most trendsetting festivals on the planet, meaning that a strong performance there can ...
Arabian Gulf Business Insight on MSN3d

MGX to raise $25bn for AI push

UAE technology investment company MGX is reportedly planning to raise $25 billion to accelerate its push into AI. The capital will be raised through a fund structure, with backing expected from ...
Company Also Demonstrates Full Spectrum of AI Storage Solutions for PCs, Gaming, Edge, Robotics, and Automotive TAIPEI and ...
Mistral, the fast-rising French AI start-up co-founded by Arthur Mensch two years ago, is seeking a $10-billion valuation in ...
Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks ...
Senators question OCC on ensuring financial stability amid potential conflicts of interest with Trump's crypto venture.
Arabian Gulf Business Insight on MSN5d

Abu Dhabi’s MGX in talks to fund French AI startup

French AI startup Mistral is reportedly planning to secure $1 billion from Abu Dhabi’s technology investment company MGX as well as other venture capital funds. The company, which is based in Paris, ...
"Open and modular infrastructure is shaping the future of compute. With OCP-aligned and MGX-based platforms, MSI helps ...
OpenAI announced Thursday that it is launching its first AI data center project in Europe, branded as Stargate, located in ...