A look at MGX, Abu Dhabi's AI investment vehicle with stakes in Anthropic, xAI, and OpenAI; the firm plans to spend up to $10B annually over the next few years (Bloomberg)

Bloomberg: A look at MGX, Abu Dhabi's AI investment vehicle with stakes in Anthropic, xAI, and OpenAI; the firm plans to spend up to $10B annually over the next few years — Government-backed AI investor MGX has a bullish plan to spend up to $10 billion annually over the next few years.