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Abu Dhabi's MGX, backer of Anthropic and OpenAI, closed one of the biggest AI funds ever at $49 billion

The two-year-old firm exceeded its $45 billion target with backing from investors in the Gulf, North America, Asia, and Europe [...]

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thenextweb
MGX raises a $50bn AI fund and is already spending it

Abu Dhabi’s MGX AI fund has raised close to $50bn. For the first time, the emirate leaned on outside investors to do it, and the money is already going out the door. MGX is the Abu Dhabi investment [...]

Match Score: 140.15

venturebeat
Microsoft and OpenAI gut their exclusive deal, freeing OpenAI to sell on AWS and Google Cloud

Microsoft and OpenAI on Monday announced a sweeping overhaul of the partnership that has defined the commercial AI era, dismantling key pillars of exclusivity and revenue-sharing that bound the two co [...]

Match Score: 109.74

venturebeat
Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth

Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]

Match Score: 108.47

venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

Match Score: 107.20

venturebeat
Anthropic's Claude Opus 4.6 brings 1M token context and 'agent teams' to take on OpenAI's Codex

Anthropic on Thursday released Claude Opus 4.6, a major upgrade to its flagship artificial intelligence model that the company says plans more carefully, sustains longer autonomous workflows, and outp [...]

Match Score: 103.77

thenextweb
Abu Dhabi already runs its government on AI

While the West argues over how to regulate AI, Abu Dhabi has quietly built an AI-native government. In the UAE capital, a single app already renews your ID, books your doctor, and pays your parking fi [...]

Match Score: 103.22

venturebeat
Anthropic is bringing back Claude Fable 5 globally after US lifts export control order — where can enterprises access it?

Anthropic is restoring global access to its most powerful generally released AI model yet, Claude Fable 5, today, after the U.S. Department of Commerce last night withdrew emergency export controls.T [...]

Match Score: 102.71

Destination
Trump's family could make hundreds of millions from an Abu Dhabi crypto investment

MGX, a fund backed by Abu Dhabi, will make a $2 billion investment in the cryptocurrency exchange Binance Holdings Ltd using a digital coin developed by a Trump family firm.Read more... [...]

Match Score: 101.98

venturebeat
Anthropic's Claude Code can now read your Slack messages and write code for you

Anthropic on Monday launched a beta integration that connects its fast-growing Claude Code programming agent directly to Slack, allowing software engineers to delegate coding tasks without leaving the [...]

Match Score: 99.62