Metral
Markets

Abu Dhabi's MGX, backer of Anthropic and OpenAI, closed one of the biggest AI funds ever at $49 billion

The two-year-old firm exceeded its $45 billion target with backing from investors in the Gulf, North America, Asia, and Europe

Abu Dhabi's MGX, backer of Anthropic and OpenAI, closed one of the biggest AI funds ever at $49 billion

Published July 1, 2026 · Category: Markets

Overview

The two-year-old firm exceeded its $45 billion target with backing from investors in the Gulf, North America, Asia, and Europe

Source

Originally published at qz.com.

Related Articles

CD
Metral Newsroom

Metral covers global markets, stocks, crypto and the economy — desk research and data-driven analysis. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.