Source: Bloomberg

ADFD: The Abu Dhabi Fund Helping Bankroll Trump's $100 Billion AI Plan

A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech - OpenAI, SoftBank Group Corp. and Oracle Corp. Then there was an Abu Dhabi-based firm that few had heard of: MGX.

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Followers on Owler

326

Est. Annual Revenue

$100-500M

Est. Employees

250-500

Chairman

Mansour bin Zayed Al Nahyan

CEO Approval Rating

82/100

ADFD is a UAE-based government agency that provides services including business investments, concessionary loans, and managing government grants and equities.