{"id":113174,"date":"2026-02-18T00:00:00","date_gmt":"2026-02-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/"},"modified":"2026-02-18T00:00:00","modified_gmt":"2026-02-18T00:00:00","slug":"mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/","title":{"rendered":"MGX\u2019s USD 100 bn AI ambitions make waves in int\u2019l business press"},"content":{"rendered":"

MG<\/strong>X under the spotlight: <\/strong>Bloomberg<\/a><\/a> is out with a piece looking at Abu Dhabi AI investor MGX as it expands its holdings in notable tech players<\/a>, namely Anthropic, OpenAI, and xAI. The firm\u2019s AI investment chief Ali Osman reiterated MGX\u2019s plans to deploy as much as USD 10 bn in annual capital toward strategic investments over the coming years \u2014 a figure Bloomberg described as \u201cstaggering\u2026even by the standards of Abu Dhabi\u2019s constellation of investors.\u201d Osman thinks that the generative AI market will be worth USD 700 bn in five years, which is markedly higher than other predictions.<\/p>\n

The move to back major AI players comes as the UAE looks to become a global AI hub<\/strong>, with Stargate UAE \u2014 a massive data center cluster led by OpenAI, Oracle, Nvidia, and Abu Dhabi\u2019s G42 \u2014 being an anchor of that ambition.<\/p>\n","protected":false},"excerpt":{"rendered":"

The fund remains very bullish on AI, despite some uncertainty surrounding its total market potential<\/p>\n","protected":false},"author":1,"featured_media":113175,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[1340,7,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-113174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-ai","tag-enterpriseam-uae","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"006265c7-5737-4bf7-bb0a-167f7a4e85bd","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/1336.jpg","photo_position":"above","homepage_title":"","full_issue_title":"MGX\u2019s USD 100 bn AI ambitions make waves in int\u2019l business press","related_issue":[113157],"teaser":"The fund remains very bullish on AI, despite some uncertainty surrounding its total market potential"},"yoast_head":"\nMGX\u2019s USD 100 bn AI ambitions make waves in int\u2019l business press - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MGX\u2019s USD 100 bn AI ambitions make waves in int\u2019l business press\" \/>\n<meta property=\"og:description\" content=\"The fund remains very bullish on AI, despite some uncertainty surrounding its total market potential\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MGX\u2019s USD 100 bn AI ambitions make waves in int\u2019l business press\",\"datePublished\":\"2026-02-18T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AI\",\"EnterpriseAM UAE\",\"UAE IN THE NEWS\"],\"articleSection\":[\"UAE IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/18\/mgxs-usd-100-bn-ai-ambitions-make-waves-in-intl-business-press\/\",\"name\":\"MGX\u2019s USD 100 bn AI ambitions make waves in int\u2019l business press - 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