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BlackRock, Global Infrastructure Partners, Microsoft and MGX
MGX was created in Abu Dhabi earlier this year to invest in AI and advanced technologies with global partners to enable the technology fabric of the global economy, focusing on AI infrastructure; AI-enabled technology; and semiconductors. Today’s announcement is a major partnership within those segments, building on the emirate’s ...
BlackRock, GIP, Microsoft, Abu Dhabi-based MGX form partnership ...
BlackRock, GIP, Microsoft and MGX will contribute some of the $30 billion in capital the partnership is looking to raise, and look to external clients to furnish the rest.
BlackRock, Global Infrastructure Partners, Microsoft, and MGX ... - Nasdaq
MGX invests in sectors where AI can deliver value and economic impact at scale, including semiconductors, infrastructure, software, tech-enabled services, life sciences, and automation.
MGX, Microsoft, BlackRock partner to launch $30bn AI fund - Gulf Business
September 18, 2024. Image credit: Jason marz/ Getty Images. Abu Dhabi tech investment firm MGX has teamed up with BlackRock, Global Infrastructure Partners (GIP), and Microsoft to launch a $30bn ...
Microsoft and BlackRock aim for US$30 billion AI investment
The companies, along with the United Arab Emirates’ MGX investment vehicle, will seek US$30 billion of private equity capital over time for the strategy, which will then leverage the money to as ...
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