- Published on
Abu Dhabi Launches MGX: A $100B Global AI Investment Powerhouse
Abu Dhabi has unveiled MGX, a new technology investment company aimed at accelerating the development and adoption of artificial intelligence (AI) and advanced technologies. Launched by the Artificial Intelligence and Advanced Technology Council (AIATC), MGX is set to become one of the world’s largest funds focused solely on AI, with a target of surpassing $100 billion in assets under management.
Focusing on Key AI Sectors MGX will invest in three core areas: