Abu Dhabi investment fund MGX is reportedly nearing a deal to join a $20 billion fundraising round for US artificial intelligence company Anthropic. MGX is in talksAbu Dhabi investment fund MGX is reportedly nearing a deal to join a $20 billion fundraising round for US artificial intelligence company Anthropic. MGX is in talks
MGX in talks to join $20bn funding round for Anthropic
Abu Dhabi investment fund MGX is reportedly nearing a deal to join a $20 billion fundraising round for US artificial intelligence company Anthropic.
MGX is in talks to provide hundreds of millions of dollars to Anthropic as part of a funding round that’s set to raise more than $20 billion overall, Bloomberg reported.
Anthropic makes the AI Chatbot and Large Language Model Claude, and is one of the world’s most prominent AI companies.
Anthropic was initially seeking $10 billion but is now on track to double that amount at a $350 billion valuation.
An announcement about the proposed investment is likely in the coming days, the sources said. No final decisions have been made and the size and structure of the investment could change, according to Bloomberg’s report.
Further reading:
- Abu Dhabi’s MGX forms part of TikTok’s US future
- Abu Dhabi university unveils AI model to take on US and China
- Lunate in talks to invest $1bn in AI specialist MGX
MGX was founded in 2024 by Abu Dhabi AI company G42 and sovereign wealth fund Mubadala to invest in AI and other emerging technologies. It has stakes in ChatGPT-maker Open AI and Elon Musk’s xAI.
Anthropic’s business has been gaining momentum in recent months. The release of its legal AI tool caused a sell-off in the global software market because of the tool’s perceived effectiveness.
Anthropic raised $13 billion in a round five months ago that included the Qatar Investment Authority as a significant investor.
Market Opportunity
Particl Price(PART)
$0.2586
$0.2586$0.2586
USD
Particl (PART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?
The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference
The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
XRP Ledger just flipped Solana in RWA tokenization value and the holder count reveals why
The XRP Ledger (XRPL) has overtaken Solana on one closely watched metric over the past month, flipping it in real-world asset tokenization, excluding stablecoins
Share
CryptoSlate2026/02/12 05:25