The company was last valued at $6 billion in June 2024 after closing on a $640 million funding round led by General Catalyst, ...

The Paris-based AI startup is also pursuing considerable debt financing from French banks, including existing investor ...

French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, ...

Mistral AI is in discussions with investors including Abu Dhabi’s MGX about raising $1 billion in equity, Bloomberg reported. MGX, which is backed by the United Arab Emirates and has about $100 ...

Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...

Elon Musk’s xAI raised $5 billion of equity in addition to $5 billion in debt, according to Morgan Stanley, which advised on the debt transactions. “The combination of debt and equity reduces the ...

Binance said on Wednesday that United Arab Emirates state-backed investor MGX has acquired a minority stake in the world’s largest crypto exchange for $2 billion. The transaction was paid for in ...

Despite geopolitical tensions, conflicts, and border scuffles, SoftBank is counting on the friendly relationship between the Japanese and U.S.

And now, Trump is rushing regulation through Congress that many Democrats fear could create his biggest conflict of interest yet. On Tuesday, the Senate passed the GENIUS Act, a bill that will ...

Temasek has joined a major consortium with Microsoft, BlackRock, and MGX aimed at investing over $30 billion in AI infrastructure to enhance data centers and energy facilities for AI applications ...

OpenAI is in talks with Saudi's PIF, Reliance Industries, and UAE's MGX for a $40 billion financing round, with potential investments of hundreds of millions each.

OpenAI, which recently said it aims to raise US$40 billion in financing at a valuation of US$300 billion, has reportedly been in talks with the UAE’s MGX, an existing shareholder; Saudi Arabia’s ...