Why is Abu Dhabi’s MGX Investing in Trump’s AI Dream?
Abu Dhabi, United Arab EmiratesThu Jan 23 2025
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Newly elected US President Donald Trump kicked off his term with a bang. He announced a $100 billion plan to fund artificial intelligence (AI) infrastructure. The plan had some big tech players on board, like OpenAI, SoftBank Group Corp. , and Oracle Corp. But there was a surprise name in the mix—MGX, a company from Abu Dhabi that wasn’t widely known.
MGX is not your average firm. It’s guided by Sheikh Tahnoon bin Zayed Al Nahyan, a significant figure in the United Arab Emirates (UAE). He’s the national security advisor and the brother of the UAE’s president. Plus, he’s at the helm of a massive $1. 5 trillion empire that covers wealth funds and G42, the leading AI company in the region.
This investment isn’t just about money; it’s about ties and influence. MGX’s backing could help shape the future of AI, not just in the US but globally. But why is an Abu Dhabi company getting involved in a US project?
For Sheikh Tahnoon, this isn’t just about AI; it’s about forging strategic alliances. By investing in Trump’s AI plan, MGX is building bridges between the UAE and the US. It could mean new opportunities and a seat at the table for discussions on global tech advancements.
But there’s also the question of what the UAE hopes to gain from this AI venture. Could it be a chance to learn more about cutting-edge AI technology? Or maybe it’s a way to boost the UAE’s own AI capabilities?
This move raises important questions. What kind of influence will MGX have on Trump’s AI plans? Will this investment benefit both countries equally? And how will it shape the future of AI around the world?
https://localnews.ai/article/why-is-abu-dhabis-mgx-investing-in-trumps-ai-dream-c3dedebc
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