Sources: Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals (Dinesh Nair/Bloomberg)
MGX raised nearly $50B to expand AI dealmaking, adding major sovereign and pension-backed capital to the AI infrastructure market.
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<a href="https://www.bloomberg.com/news/articles/2026-06-23/abu-dhabi-s-mgx-raises-about-50-billion-to-accelerate-ai-deals"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260623/i20.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260623/p20#a260623p20" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Dinesh Nair / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-23/abu-dhabi-s-mgx-raises-about-50-billion-to-accelerate-ai-deals">Sources: Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals</a></b></span> — Abu Dhabi's MGX has raised close to $50 billion from regional and global investors to accelerate spending on artificial intelligence infrastructure … </p>
Read at source: https://www.techmeme.com/260623/p20#a260623p20