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Startups & Venture·June 24, 2026·1 min read

MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever

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A single Abu Dhabi vehicle lining up ~$50B for AI infra and tech changes the competitive map for data centers, chips, and model companies overnight. Expect more non-US capital to come in at infrastructure scale—operators should assume faster buildouts in friendly jurisdictions and more competition for top-tier vendors.