24th June, 2026
Abu Dhabi’s AI strategy is running via MGX which has reported a US$50 billion raise from sovereign funds, pensions and institutions, capturing third-party capital to invest in models, chips, data centres, digital finance and regulated platforms.
Subscriber Post
9th June, 2026
This week could be historical for financial markets as SpaceX kicks off a series of “Giga-IPOs”, with valuations of US$ 1 trillion or more, and with unprecedented fundraising targets. Elon Musk’s conglomerate, which includes X (formerly Twitter) and xAI is currently the most valuable private company in the world at US$ 1 trillion and is targeting a value of US$ 1.75 trillion when it gets listed on June 12 on Nasdaq.
Subscriber Post
2nd June, 2026
Anthropic’s US$65 billion Series H further integrates GIC, Temasek, and MGX into the private ownership of large-model AI.
Subscriber Post
27th May, 2026
A SpaceX IPO would set a public reference price for Gulf state-capital positions in Elon Musk’s companies, as well as shine a light on Gulf ambitions in AI.
Subscriber Post
7th April, 2026
The reported PIF talks over a possible US$5 billion SpaceX IPO investment and the reported US$24 billion of Gulf sovereign backing for Paramount Skydance’s Warner deal show that Gulf sovereign wealth funds are becoming crucial repeat providers of large minority capital to Western billionaire-led platforms.
Subscriber Post
19th February, 2026
This week, two developments demonstrated how Saudi Arabia’s Public Investment Fund (PIF) is reshaping its exposure to digital industries.
Subscriber Post
13th February, 2026
Anthropic’s US$30 billion Series G financing, valuing the company at approximately US$380 billion post-money, represents one of the largest private capital raises in the technology sector to date. The round was led by GIC alongside Coatue, with MGX participating as a co-lead and a broad syndicate of institutional and strategic investors completing the allocation. Earlier, in September 2025, Anthropic had raised US$13 billion in a Series F round that included both GIC and Qatar Investment Authority (QIA), embedding sovereign capital in the company before the most recent step-change in valuation.
Subscriber Post
8th January, 2026
Elon Musk’s artificial intelligence company xAI has raised US$20 billion in an upsized Series E funding round, underscoring how state-owned investors are increasingly treating AI not as a single venture bet, but as a strategic asset class spanning models, data and the physical infrastructure that runs them.
Subscriber Post
29th December, 2025
Masdar’s strategy through 2025 did not resemble a conventional corporate growth plan, but instead operated more like a state-capital buildout with the deployment of a large amount of patient capital into contracted renewables, acquisitions to secure operating platforms in priority markets, and extension into clean power and storage.
Subscriber Post
10th December, 2025
Qatar’s sovereign wealth fund has joined the front rank of investors shaping where the next wave of artificial intelligence will physically live.
Subscriber Post
25th November, 2025
When Brookfield Asset Management unveiled a new US$100 billion programme to build out artificial intelligence infrastructure last week, one name in the press release signalled how far the balance of power in AI has shifted: the Kuwait Investment Authority.
Subscriber Post
24th November, 2025
Canada’s big public funds are sitting on sizeable AI-linked positions in their US equity portfolios, which could result in losses of at least US$55 billion across the Maple 8 in the event of a dot-com-style crash – implying a direct hit on combined assets of around 2.5-3.0%, even before contagion effects are factored in.
Subscriber Post