MGX Invests in Anthropic's $65B Series H Funding Round

May 30·0:00 listen·Source: The National

Summary

UAE-based technology investment company MGX is participating in Anthropic's $65 billion Series H funding round. This news comes as Anthropic has surpassed OpenAI, becoming Silicon Valley's most valuable AI company with a value of $965 billion. What's interesting is MGX has a history of investing in US tech companies. In October 2025, MGX joined a consortium to acquire Aligned Data Centres for an estimated $40 billion, a deal expected to boost global AI infrastructure. MGX also previously invested in OpenAI's $300 billion valuation funding round last year. The bottom line is these investments highlight a significant expansion of MGX's footprint in the global AI landscape.

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