When it comes to major tech investment, Gulf states have a chequered record. The United Arab Emirates and Saudi Arabia, after all, sank $60 billion into Masayoshi Son’s first Vision Fund, for ...
The normally quiet world of Middle Eastern sovereign wealth funds was jolted by a series of changes this week. Qatar named a ...
The results of this investment in technology are already starting to speak volumes. Abu Dhabi National Oil Company (ADNOC), which is on a mission to become the most AI-enabled energy company in the ...
OpenAI’s ChatGPT experienced a brief but significant outage on Friday, impacting over 19,000 users. The disruption lasted for ...
OpenAI has expanded the capabilities of its popular AI chatbot, ChatGPT, by adding new search functions directly into the ...
Global Infrastructure Partners (GIP), and Abu Dhabi-based MGX. The new partnership adds to a long list of private equity-driven investments in data centers announced over the last few years.
But there is another name emerging in this landscape: MGX, the Abu Dhabi-backed investment firm, will be a general partner in ...
GlobalData on MSN15d
Musk’s AI startup xAI eyes $40bn valuation in new fundingIf the deal goes through, it would indicate a significant increase from the company's last valuation of $24bn, reached with funds raised in May 2024.
OpenAIs widely-used chatbot ChatGPT was restored on November 8 after a brief service interruption that left thousands of ...
and the Abu Dhabi investment firm MGX. OpenAI’s valuation spiked astronomically following the investments, rising to $157 billion. The company’s valuation will continue to climb as investments pour in ...
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