MGX Partners With France to Expand AI Infrastructure Investment

MGX, the Abu Dhabi-based technology investment firm, has formalised a strategic partnership with France to develop artificial intelligence infrastructure and core technologies. French President Emmanuel Macron confirmed the agreement during high-level talks, stating that the firm has selected France as a primary hub for its international AI investment strategy. Established in March 2024 by Abu Dhabi’s Mubadala Investment Company and G42, MGX manages a mandate focused on three key pillars: AI infrastructure, semiconductors, and core AI software and hardware. The firm operates under the leadership of Sheikh Tahnoun bin Zayed Al Nahyan, Chairman of the UAE’s Artificial Intelligence and Advanced Technology Research Council (ATRC). Infrastructure and Sovereign Investment The partnership targets the build-out of large-scale data centres and the procurement of specialised hardware required for advanced AI compute power. This collaboration follows France’s 'Choose France' initiative, which seeks to attract foreign sovereign capital to bolster the nation’s standing as a European centre for technological research and development. By securing this deal, MGX expands its global footprint into…