Abu Dhabi’s MGX Raises $49 Billion for One of the Biggest Ever AI Funds
THE SO WHAT
A $49B AI-focused fund from a two-year-old Abu Dhabi firm means sovereign-scale capital is now a direct allocator in your category, not just an LP behind the scenes. Expect larger, faster rounds for infra and model layers—and more pressure on operators to show they can absorb nine- and ten-figure checks productively.
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