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MGX joins Silver Lake in Altera buyout
Intel agreed in April to sell 51% of Altera to Silver Lake in a transaction valuing the unit at USD…
MGX is reportedly eyeing USD 25 bn in external investments
The AI investor is exploring raising capital from Abu Dhabi and beyond
THIS MORNING: MGX in talks to invest in French AI startup Mistral?
Plus: Space42 eyes AED 2.6 bn financing for Al Yah 4 and 5 satellites
THIS MORNING: Pakistani PM arrives in the UAE + MGX to invest in OpenAI’s upcoming funding round?
AND- EU moves to delist UAE from money laundering blacklist
Kuwait Investment Authority latest to join MGX-backed AIP
PLUS: Emirates + Air China cooperate on cargo operations
TSMC is reviving potential plans for a USD multi-bn advanced chip factory in the UAE
PLUS: Adani walks away from acquiring Emaar Group’s India operations
UAE AI ambitions back in the headlines
Bloomberg and Reuters are spotlighting the Technology Innovation Institute’s launch of Falcon Arabic
More AI cooperation with France
The alliance will span Europe, the Middle East, and the Global South
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