Abu Dhabi's MGX Set to Join Anthropic PBC's Funding Round

Abu Dhabi's MGX is reportedly close to finalizing a deal to participate in Anthropic PBC's latest funding round, according to sources familiar with the situation. Bloomberg posted on X, highlighting MGX's growing involvement with one of the leading artificial intelligence startups. Anthropic PBC has been attracting significant attention in the tech industry, and MGX's potential investment underscores its commitment to advancing AI technologies. The funding round is expected to bolster Anthropic's capabilities and further its development in the AI sector. Details of the deal remain undisclosed, but the move signifies MGX's strategic interest in expanding its footprint in the rapidly evolving AI landscape.