MGX
About
Abu Dhabi state-backed investment vehicle focused on financing frontier AI and infrastructure.
Founders
Recent News
UAE's Mubadala weighs $6.3 billion AI data center investment in Japan
Abu Dhabi’s Mubadala, via its AI vehicle MGX, is considering up to ¥1 trillion (≈ $6.3bn) to build a 500MW AI data centre in Akita, Japan, being developed by US startup BitGrid with Japanese IT firm S2 and targeting operations in the early 2030s.
Gulf Capital Is Moving Into Western Technology and AI, and It Is Reaching Far Beyond the Mega-Deals, Says Artane Partners
Gulf capital is increasingly targeting Western technology and AI beyond headline sovereign deals, opening opportunities for mid-market Western tech and digital‑infrastructure firms. Artane Partners says access and relationships—not capital—are the main barriers for Western founders seeking Gulf allocations.
Abu Dhabi's MGX has quietly become the most consequential AI investor on the planet
Abu Dhabi‑backed MGX, launched by Mubadala and G42 in March 2024, is raising up to $50 billion and holds positions in frontier AI firms and major data‑centre deals, positioning the UAE as a central financier of advanced AI infrastructure.