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Big moves from G42 and MGX
The USD 30 bn AI fund will aim to invest in AI infrastructure in the US and its “partner countries”
THIS MORNING: MGX to back OpenAI? + Rede Partners to set up shop in Dubai
Plus: Blackstone could offload stake in Dubai-based VFS Global
Sheikh Tahnoon-led AI investor MGX flags “significant steps” in the offing
Plus: Telemarketers from financial services companies now need regulatory clearance before spamming you
MGX joins consortium bidding for USD 20 bn AirTrunk sale
The transaction could be among the largest in the Asia Pacific in 2024
MGX could invest in OpenAI’s chip and power production venture + Eagle Hills’ investment in Budapest could reach EUR 10 bn
Good morning, wonderful people, and happy Monday. It’s a slow start to the week as we close out the first…
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