Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding32m ago Meta Announces Muse AI Agent for Personal Tasks and Organization33m ago Instagram now lets you add tagged photos to your profile grid33m ago AI agents are flooding public services with new requests40m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99940m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'42m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities50m ago Antioch raises $32m to test robots in simulation before they touch hardware58m ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges1h ago 7 Steps to Become a Forward Deployed Engineer in 20262h ago

Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding32m ago Meta Announces Muse AI Agent for Personal Tasks and Organization33m ago Instagram now lets you add tagged photos to your profile grid33m ago AI agents are flooding public services with new requests40m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99940m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'42m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities50m ago Antioch raises $32m to test robots in simulation before they touch hardware58m ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges1h ago 7 Steps to Become a Forward Deployed Engineer in 20262h ago

Business & Enterprise

MGX raises a $50bn AI fund and is already spending it

The Next WebPublished Jun 23, 2026

MGX has established a $50 billion fund dedicated to AI investments and has begun allocating capital to various projects and companies within the sector. This significant financial commitment highlights MGX's aggressive strategy to influence AI development and commercialization.

#ai-fund #investment #mgx

More in Business & Enterprise

Business & Enterprise7 min read

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources21h ago

Business & Enterprise

Mistral Seeks to Grow Enterprise Customer Base Through Cloudera Partnership

Covered by 3 sources5h ago

Business & Enterprise

DOJ Probes Nvidia’s Tie-Up With Groq on Antitrust Concerns

Covered by 2 sources13h ago