🚨UAE’S MGX RAISES $50 BILLION FOR THE WORLD’S LARGEST AI-FOCUSED FUND Abu Dhabi’s MGX raised approximately $50B from global investors to accelerate AI deals, with the fund now targeting over $100 BILLION in total AUM. MGX is the only investor in the world that has backed ALL THREE major AI labs, namely OpenAI, xAI, and Anthropic, alongside the $500 BILLION Stargate Project.(Coin Bureau)