The media outlet added that Abu Dhabi’s MGX invested $2 billion into Binance via the USD1 instead of a rival’s stablecoin.

A report suggested potential conflicts of interest between Donald Trump’s crypto business, the Binance exchange, and its ...

The company was last valued at $6 billion in June 2024 after closing on a $640 million funding round led by General Catalyst, ...

The Paris-based AI startup is also pursuing considerable debt financing from French banks, including existing investor ...

French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, ...

Mistral AI is in discussions with investors including Abu Dhabi’s MGX about raising $1 billion in equity, Bloomberg reported. MGX, which is backed by the United Arab Emirates and has about $100 ...

Oracle stock has risen impressively so far this year, and a recent development further improved investor confidence. The ...

Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...

OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power ...

Bloomberg’s analysis shows that digital assets and crypto-linked ventures have rapidly become the most lucrative part of ...

Elon Musk’s xAI raised $5 billion of equity in addition to $5 billion in debt, according to Morgan Stanley, which advised on the debt transactions. “The combination of debt and equity reduces the ...

Binance said on Wednesday that United Arab Emirates state-backed investor MGX has acquired a minority stake in the world’s largest crypto exchange for $2 billion. The transaction was paid for in ...