Abu Dhabi sovereign fund ramps up US investments in AI
The Abu Dhabi Investment Authority (ADIA) is ramping up its investments in Artificial Intelligence (AI) as it participated in the $200 million seed round of a US-based firm that operates in life sciences. Financial details of the investment, conducted through a wholly owned subsidiary of ADIA, have not been disclosed.
Binance raises record $2B from Abu Dhabi's sovereign wealth fund
In a major development, Abu Dhabi 's state-owned investment firm MGX has pumped a whopping $2 billion into Binance. The investment marks the first-ever institutional funding for the cryptocurrency exchange and is being touted as the "single largest investment" ever made in cryptocurrency.
Abu Dhabi’s state oil firm is weighing plans to buy the energy assets of sovereign wealth fund Mubadala Investment Co., ...
ADNOC has initiated discussions to acquire Mubadala Energy assets, potentially worth $10 billion, as part of its strategy to ...
Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a ...
In the Middle East, sovereign wealth funds like Saudi Arabia’s Public Investment Fund and the UAE’s Abu Dhabi Investment Authority are funnelling money into sectors like AI, video gaming ...
And so it is that Singapore and Abu Dhabi are investing in, and with, each other and forging partnerships. For instance, the ...
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