A consortium including BlackRock's Global Infrastructure Partners, MGX, and the Artificial Intelligence Infrastructure Partnership is acquiring Aligned Data Centers for approximately $40 billion, the …
BlackRock is leading a debt sale of more than $12 billion to fund a Meta data center campus in El Paso, Texas, with the bonds issued by a company holding an 80% stake in the project while Meta owns th…
BlackRock is preparing to sell more than $12 billion in bonds to finance a data center campus in El Paso, Texas, in one of the largest single debt deals tied to AI infrastructure this year. The bond s…
Sam Altman called Elon Musk 'homeboy' in a public exchange on X, criticizing Musk's proposal for orbital AI data centers as speculative compared to OpenAI's terrestrial Stargate infrastructure project…
The US Commerce Department is easing export controls on the United Arab Emirates, a move that could accelerate sales of advanced AI chips to the region. The decision faces sharp criticism after UAE-ba…
The US reclassified the UAE to Country Group A:5, effective July 10, 2026, eliminating export licenses for advanced AI chips, military gear, and satellites. The move follows the US-UAE AI Cooperation …
Sovereign wealth funds are increasingly prioritizing national strategic goals such as artificial intelligence and semiconductors over pure investment returns, according to a study by IE University. AI…
MGX, an Abu Dhabi-backed AI investment platform, closed its MGX Fund I at $49 billion, exceeding its $45 billion target and creating one of the largest dedicated AI capital pools globally. The fund, l…
Abu Dhabi sovereign wealth fund MGX closed a $49 billion AI fund on July 1, 2026, exceeding its initial $45 billion target. The fund, one of the largest focused on AI, has already backed 14 companies …
Abu Dhabi's MGX has raised approximately $49 billion for one of the largest AI investment funds ever, targeting AI infrastructure including semiconductors and data centers. The fund, backed by soverei…
Abu Dhabi's MGX has closed a roughly $50 billion fund to invest in AI infrastructure, semiconductors, and core AI technologies, with commitments from sovereign wealth funds and global investors. The f…
CoreWeave became the first cloud provider to validate Nvidia's NVL72 Vera Rubin rack platform, featuring 72 Rubin GPUs, 36 Vera CPUs, and 260 TB/s of NVLink 6 fabric. The platform, described as not an…
Sovereign wealth funds are shifting hundreds of billions of dollars from public markets into private AI deals, with allocations projected to reach 29% of assets under management by 2025. Major investm…
Dubai Holding is in early-stage talks to acquire a stake in Hscale, Bain Capital's hyperscale data center platform in Europe and the Middle East, as Gulf sovereign capital increasingly targets AI infr…
France is advancing its AI infrastructure with NVIDIA technologies, including Mistral's new 44-megawatt data center and a planned 1.4-gigawatt AI campus. The ecosystem is deploying open models tailore…
SpaceX's IPO prospectus reveals that Middle Eastern sovereign wealth funds, including Saudi Arabia's Public Investment Fund and UAE-based MGX, hold significant stakes in Elon Musk's rocket company and…
Taiwan's Zhen Ding Technology has joined Nvidia's MGX ecosystem to supply cable-free PCB-based interconnect technology that replaces hundreds of individual copper cables in AI server racks. The approa…