Jun 23, 2026 · 12:11 PM
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Abu Dhabi's MGX has quietly become the most consequential AI investor on the planet
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Abu Dhabi's MGX has quietly become the most consequential AI investor on the planet
Abu Dhabi's MGX is raising up to $50 billion in third-party capital while holding simultaneous positions at OpenAI, Anthropic, and xAI, cementing the UAE sovereign fund as a structural force in frontier AI finance that rivals SoftBank's Vision Fund in scale and exceeds it in strategic precision.
Janet Harrison
5 min read
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