President Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...

SoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...

The company’s valuation has more than doubled from $380 billion in February, reflecting its swift rise as a leading competitor in the AI ra...

Iran's Nobitex exchange moved billions through Tron and BNB Chain, networks by Justin Sun and Changpeng Zhao. These blockchains facilitated...

AI-driven drug discovery firm Isomorphic Labs secured a massive $2.1 billion in Series B funding. This capital will fuel the expansion of t...

Iconiq, a private wealth manager for global elites, is now a major force in venture capital. The firm is making substantial bets on AI star...

Iconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...

Thousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...

OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backe...

The fee, which the U.S. government is considering a transaction fee for its role in helping bring about the deal, will be paid by new inves...

Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The investors, wh...

An Abu Dhabi firm, MGX, invests in TikTok US operations. This company previously partnered with Donald Trump's cryptocurrency venture. MGX ...

AI is impacting various sectors. OpenAI will share AI models. US authorities are investigating AI use in airline ticket pricing. MGX in Abu...

Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala Investment and A...

Binance and MGX said in statements posted on their website that the investment was made in stablecoin - a type of cryptocurrency pegged to ...

OpenAI CEO Sam Altman is visiting the UAE to discuss raising $40 billion with Abu Dhabi's MGX, aiming to fuel AI development and compete wi...

The emirate on Monday unveiled the company called MGX, led by sovereign wealth fund Mubadala Investment Co. and AI firm G42 as foundational...