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Abu Dhabi targets $100 billion AUM for AI investment firm, Telecom News, ET Telecom

AI Investment: The emirate on Monday unveiled the company called MGX, led by sovereign wealth fund Mubadala Investment Co. and AI firm G42 as foundational partners. Ahmed Yahia Al Idrissi, who’s chief executive officer of Mubadala’s direct investments platform, will serve as the new entity’s CEO, according to a statement. ....

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Abu Dhabi: Abu Dhabi targets $100 billion AUM for AI investment firm

The emirate on Monday unveiled the company called MGX, led by sovereign wealth fund Mubadala Investment Co. and AI firm G42 as foundational partners. Ahmed Yahia Al Idrissi, whos chief executive officer of Mubadalas direct investments platform, will serve as the new entitys CEO, according to a statement. ....

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