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A look at MGX, Abu Dhabi's AI investment vehicle with stakes in Anthropic, xAI, and OpenAI; the firm plans to spend up to $10B annually over the next few years (Bloomberg)




Bloomberg:

A look at MGX, Abu Dhabi’s AI investment vehicle with stakes in Anthropic, xAI, and OpenAI; the firm plans to spend up to $10B annually over the next few years  —  Government-backed AI investor MGX has a bullish plan to spend up to $10 billion annually over the next few years.





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