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

MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever
Bloomberg Technology Wednesday 24 June 2026, 19:39 UTC 1 min read
Key Points

Jun 24th, 2026 MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever 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.

Jun 24th, 2026 MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever 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.
MGX (ORG) the Biggest AI (ORG) Bloomberg (ORG) Jennifer Surane (PERSON) Dani Burger (PERSON) Abu Dhabi’s (LOCATION)
Originally published by Bloomberg Technology Read original →

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