An Abu Dhabi investment firm, MGX, is providing financial support for Donald Trump's ambitious $100 billion artificial intelligence plan. The fund is part of a broader initiative that aims to establish significant AI infrastructure and capabilities. Despite its involvement in this high-profile project, MGX is still relatively unknown in the global investment landscape. The collaboration highlights the increasing intersection of technology and politics, particularly as Trump seeks to leverage substantial financial backing for his AI ambitions.
An Abu Dhabi fund MGX is helping to bankroll Donald Trump's $100 billion AI plan https://t.co/kzPASGsnmR via @wealth
Abu Dhabi investment firm MGX backs Trump’s $100b AI plan https://t.co/Ok4le0LkMX
MGX, the new UAE tech fund involved in Trump's $500bn AI infrastructure announcement, has big global ambitions - but not a ton of name recognition yet. Gavin Gibbon has all the details in @AGBInsight https://t.co/bXhoWWkYAw