• OpenAI Secures New Financing
  • TikTok Courts Brands to Become Shop Sellers
  • BlackRock Says AI Partnership Raises $12.5 Billion Toward $30 Billion Goal
  • Pakistan taps Trump-linked crypto company for stablecoin payments deal: Report
  • Wall Street recovers from losses earlier in the week, as AI stocks climb
  • xAI Raises $20B in Series E Funding
  • Databricks raises $4B at $134B valuation as its AI business heats up
  • 2025: Top five funding rounds of the year
  • Glossy Beauty Podcast: Why creators are building systems — not chasing virality — on TikTok Shop
  • Ulta Beauty Launches on TikTok Shop, Pioneering U.S. Social Commerce for Specialty Beauty
  • Anthropic valued at $380Bn as it raises $30Bn Series G
  • JLL: Texas to become world’s largest data center market by 2030
  • OpenAI Set to Raise About $10 Billion From MGX, Coatue, Thrive
  • UAE firm bought 49% of Trump-linked crypto startup for $500M: WSJ
  • The Gulf was Silicon Valley’s bet on the future. Trump has put it in the crosshairs
  • With watchful eye on Iran war, crypto dodges UAE disruption
  • Binance secures ADGM licenses to operate international platform
  • TikTok gets green light to stay in Canada, reversing earlier ban
  • Aligned tops out Maryland data center
  • Dubai’s economic dynamism will help it withstand Iran conflict
  • FBI warns against using Chinese mobile apps due to privacy risks
  • OpenAI closes $122B funding round
  • Binance Overhauls Stablecoin Trading with Trump-Linked USD1
  • Google is bringing Personal Intelligence to AI Mode in Google Search
  • Senators warn Trump-linked crypto firm may pose national security threat
  • Binance to invest over $4 billion in America if it gets a refund after CZ pardon
  • ByteDance sells 80% of TikTok USDS Joint Venture to Silver Lake, Oracle, MGX and other investors
  • xAI Secures $20B in Upsized Series E Funding Round
  • TikTok and ByteDance Form Joint Venture with Oracle, Silver Lake, and MGX
  • TikTok US Sale to Joint Venture with Oracle, Silver Lake, MGX Signed
  • xAI secures $20 billion in Series E funding round
  • TikTok signs deal to hand US operations to Oracle‑led investor group
  • TikTok US Operations to be Sold to Oracle, Silver Lake, and MGX in $14B Deal
  • Databricks Secures $4B Series L Funding at $134B Valuation
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About MGX

MGX is a leading AI and advanced technology investor focused on enabling the AI fabric of the global economy. They believe in the transformative power of AI and aim to shape a future where technology enables a more prosperous, sustainable and interconnected world.

Recent News

OpenAI Secures New Financing

TikTok Courts Brands to Become Shop Sellers

BlackRock Says AI Partnership Raises $12.5 Billion Toward $30 Billion Goal

Pakistan Taps Trump-Linked Crypto Company for Stablecoin Payments Deal: Report

Wall Street Recovers From Losses Earlier in the Week, as AI Stocks Climb

XAI Raises $20B in Series E Funding

Databricks Raises $4B at $134B Valuation as Its AI Business Heats Up

2025: Top Five Funding Rounds of the Year

Glossy Beauty Podcast: Why Creators Are Building Systems — Not Chasing Virality — on TikTok Shop

Ulta Beauty Launches on TikTok Shop, Pioneering U.S. Social Commerce for Specialty Beauty

Anthropic Valued at $380Bn as It Raises $30Bn Series G

JLL: Texas to Become World’s Largest Data Center Market by 2030

OpenAI Set to Raise About $10 Billion From MGX, Coatue, Thrive

UAE Firm Bought 49% of Trump-Linked Crypto Startup for $500M: WSJ

The Gulf Was Silicon Valley’s Bet on the Future. Trump Has Put It in the Crosshairs

With Watchful Eye on Iran War, Crypto Dodges UAE Disruption

Binance Secures ADGM Licenses to Operate International Platform

TikTok Gets Green Light to Stay in Canada, Reversing Earlier Ban

Aligned Tops Out Maryland Data Center

Dubai’s Economic Dynamism Will Help It Withstand Iran Conflict

FBI Warns Against Using Chinese Mobile Apps Due to Privacy Risks

OpenAI Closes $122B Funding Round

Binance Overhauls Stablecoin Trading with Trump-Linked USD1

Google Is Bringing Personal Intelligence to AI Mode in Google Search

Senators Warn Trump-Linked Crypto Firm May Pose National Security Threat

Binance to Invest over $4 Billion in America if It Gets a Refund After CZ Pardon

Recent Deals

ByteDance Sells 80% of TikTok USDS Joint Venture to Silver Lake, Oracle, MGX and Other Investors

January 23, 2026

XAI Secures $20B in Upsized Series E Funding Round

January 7, 2026

TikTok and ByteDance Form Joint Venture with Oracle, Silver Lake, and MGX

January 22, 2026

TikTok US Sale to Joint Venture with Oracle, Silver Lake, MGX Signed

December 19, 2025

XAI Secures $20 Billion in Series E Funding Round

January 7, 2026

TikTok Signs Deal to Hand US Operations to Oracle‑led Investor Group

December 19, 2025

TikTok US Operations to Be Sold to Oracle, Silver Lake, and MGX in $14B Deal

December 30, 2025

Databricks Secures $4B Series L Funding at $134B Valuation

December 16, 2025

Key Team Members

Ron MacDonald

President and CEO

Michael Reimann

Director & CFO

Key Facts

HQ Location

United Arab Emirates

Founded

2024

Employees

51 - 200

Status

Investor

Investor Type

Venture Investor

Website

https://mgx.ae