MGX Closes $49 Billion AI Fund Backed by OpenAI and Anthropic
UAE-based investment firm MGX has closed one of the largest AI-focused funds ever at $49 billion, with OpenAI and Anthropic absorbing the majority of 2026 capital raised.
UAE-based investment firm MGX has closed one of the largest AI-focused funds ever at $49 billion, with OpenAI and Anthropic absorbing the majority of 2026 capital raised.