State-backed MGX set for $1B boost from Abu Dhabi asset manager Lunate

Abu Dhabi-based asset manager Lunate is exploring a potential capital commitment of up to $1 billion with MGX, the emirate’s state-backed artificial intelligence investment vehicle, as the Gulf state intensifies its push to dominate global AI financing. The discussions are ongoing, and no final decisions have been made, according to the people familiar with the […] source: https://www.cryptopolitan.com/mgx-boost-from-abu-dhabi-lunate/