MGX powers Abu Dhabi's $100B AI bet with OpenAI and Anthropic deals
Abu Dhabi's government-backed AI investor MGX plans to spend up to $10B annually over the next few years, powering a broader $100B AI investment push through deals with OpenAI, Anthropic, and other frontier AI companies.
The strategy positions Abu Dhabi as a major non-US hub for AI capital deployment, leveraging sovereign wealth to secure access to frontier models and infrastructure.
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