MGX Partners With France to Expand Global AI Infrastructure Investment

Abu Dhabi-based technology investment firm MGX has entered a strategic partnership with France to scale artificial intelligence infrastructure and core technologies. French President Emmanuel Macron confirmed the deal on Tuesday, stating that the UAE-backed entity has selected France as a priority destination for its next phase of global capital deployment. Strategic Investment in Compute and Infrastructure MGX, launched in March by Mubadala Investment Company and AI firm G42, focuses on three primary verticals: AI infrastructure, semiconductors, and software applications. The new partnership targets the development of French data centers and the specialized hardware necessary for large-scale machine learning. The move follows the "Choose France" summit framework, where the French government has actively sought foreign direct investment to bolster its domestic tech sector against global competition. Scaling the UAE-France Technology Corridor The agreement strengthens the economic link between Abu Dhabi and Paris within the high-tech sector. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX and Deputy Ruler of Abu Dhabi, has directed the firm’s expansion since its inception.…