MGX Raises $49 billion Fund

We see potential for SPCX to leverage terrestrial compute expertise as a bridge (and possible back-up plan) to enable key scale and cost advantages, MGX Raises $49 Billion for AI Fund from Global Investors | 2026 Update - News and Statistics. Founded in 2024, MGX operates as a private investment entity, with Abu Dhabi's sovereign wealth fund Mubadala Investment Company and AI and cloud computing firm G42 as partners. Improve your experience and for marketing. $49 Billion Investors: | 2026 Update - News, Statistics Lead: | 2026 Update - News Round: Fund. Amount: $49B. Sector: AI & Machine Learning.

What it does

MGX Raises $49 Billion for AI Fund from Global Investors | 2026 Update - News and Statistics. Founded in 2024, MGX operates as a private investment entity, with Abu Dhabi's sovereign wealth fund Mubadala Investment Company and AI and cloud computing firm G42 as partners.

Traction

| 2026 Update - News participated in the latest tracked round; deeper traction analysis is held until source support is strong enough.

Trend impact

MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.

Funding history

• July 1, 2026 · Fund · $49 billion · | 2026 Update - News