MGX
Growth Score55DXBi Rank3Heat Score100MGX Investment Management
Abu Dhabi's dedicated AI investment fund.
Media
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Overview
MGX is an Abu Dhabi-based investment vehicle focused exclusively on artificial intelligence and advanced technology infrastructure, backed by Mubadala and G42.
Total Funding
$49.0B
Growth Score
Trending up
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Private
- Funding Stage
- Government-backed
- Headquarters
- Abu Dhabi, UAE
- Founded
- 2024
- Company Size
- 51-200 employees
- Website
- mgx.ae
Products & Services
MGX Fund I
MGX's inaugural externally-capitalized AI investment fund, closed at ~$49B in July 2026 (target was $45B); vehicle for deploying up to $10B/year into AI infrastructure and technology deals.
Artificial Intelligence Infrastructure Partnership (AIP)
Investment consortium/vehicle MGX co-founded with BlackRock's Global Infrastructure Partners, Microsoft and Nvidia (originally announced Sept 2024 as the Global AI Infrastructure Investment Partnership) to fund large-scale AI data-center and compute infrastructure, used for deals such as the $40B Aligned Data Centers acquisition.
People
Technology
No technology or web presence data on file yet.
Financials
Government-backed
Funding stage
$49.0B
Total raised
Funding rounds
Projects
MGX, Mistral AI and Nvidia AI data-center campus in France
MGX partnered with Mistral AI, Nvidia, French public investment bank Bpifrance, Bouygues and EDF to build a large AI data-center campus in France, with an initial 1.4GW phase and stated ambition to scale to 3GW of compute capacity nationwide.
Jul 1, 2025
MGX $2 billion investment in Binance via USD1 stablecoin
MGX made a ~$2 billion investment in crypto exchange Binance, settled using World Liberty Financial's USD1 stablecoin (a Trump family-linked venture); later referenced in reporting on eased US Commerce Department export-control review for MGX.
$2.0B
Mar 1, 2025
MGX exploring acquisition of DayOne data centres
MGX was reported to be exploring a multi-billion-dollar acquisition of DayOne, a Singapore-based data-center operator with facilities across Southeast Asia, Hong Kong, Japan and Finland, per Reuters sourcing from June 2026 as relayed by other outlets.
Jun 19, 2026
AIP, MGX and BlackRock's GIP close $40bn acquisition of Aligned Data Centres
A consortium of the AI Infrastructure Partnership (AIP), MGX, and BlackRock's Global Infrastructure Partners (GIP) closed acquisition of Aligned Data Centers (51 campuses, 6.4GW operational/planned capacity, HQ Dallas TX) from Macquarie Asset Management at ~$40B enterprise value, plus a committed $5B additional growth capital tranche.
$40.0B
Jul 21, 2026
Stargate AI infrastructure joint venture
MGX joined OpenAI, SoftBank and Oracle as a financial partner in the Stargate project, a joint venture targeting up to $500B in US AI/data-center infrastructure investment, announced alongside President Trump in January 2025.
$500.0B
Jan 21, 2025
MGX stake in TikTok US joint venture (TikTok USDS)
MGX took an equity stake alongside Oracle, Silver Lake and Michael Dell in the new US joint venture formed to control TikTok's US operations following the ByteDance divestment deal; US/global investors collectively hold 80.1% of the entity.
Sep 1, 2025
MGX AI Investment Fund: Fund Raise (Closed)
Fund Raise (Closed) involving MGX AI Investment Fund (Artificial Intelligence / Infrastructure).
Jul 1, 2026
MGX closes $49B AI investment fund
Abu Dhabi's MGX closed one of the largest AI-focused investment funds ever raised, above its $45B target, from global institutional and private investors.
$49.0B
Jul 1, 2026
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Press & Announcements
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