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UAE’s MGX links with Nvidia and Sequoia to fuel AI infrastructure expansion
MGX, a name barely whispered in Silicon Valley a year ago, just shoved its way into the room where the real AI deals are being made after being born from the oil-rich ambitions of Abu Dhabi’s sovereig...
1 min
BlackRock-backed AI consortium to buy Aligned Data Centers in $40 billion deal
Today, a consortium comprising the Artificial Intelligence Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners (GIP) announced that it will acquire 100% of the equity...
1 min
French startup Mistral AI set to double valuation to $14B with new funding
French AI startup Mistral AI is on the verge of closing $2.7 billion in funding, which would value the company at $14 billion. The financing would position the firm among the most valuable AI startups...
1 min