"MGX: UAE's Bold Leap into AI and Advanced Technology Investments"

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 United Arab Emirates (UAE) has taken a significant stride towards global technological innovation with the establishment of MGX. Spearheaded by Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, the Artificial Intelligence and Advanced Technology Council (AIATC) launched MGX on January 22, 2024. MGX is a pioneering technology investment firm aimed at driving the development and deployment of cutting-edge technologies to enhance the lives of present and future generations. This strategic initiative represents the UAE's commitment to becoming a leading hub for AI and advanced technologies.


MGX's investment focus encompasses three key domains: AI infrastructure, semiconductor technologies, and AI core technologies and applications. With a strong emphasis on fostering collaboration both domestically and internationally, MGX is dedicated to accelerating the integration and advancement of AI across various sectors. Leveraging Abu Dhabi's existing investments and forging partnerships with global technology firms and investment entities, MGX aims to catalyze breakthroughs and pave the way for a brighter, more inclusive future for humanity.


This visionary endeavor is supported by esteemed entities Mubadala and G42, who bring their wealth of experience and expertise to the table. Mubadala's transformative investments in semiconductor manufacturing and other critical domains, combined with G42's global prominence in AI technology, position MGX for success. Under the leadership of Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Chair of the AIATC, MGX is poised to drive progress in AI and advanced technologies, propelling the UAE forward as a global leader in innovation.

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