The technology sector just witnessed a seismic shift. With the announcement that Abu Dhabi’s tech investment vehicle, MGX, has raised a staggering US$49 billion for a dedicated artificial intelligence fund, the global tech landscape has officially entered a new era. This is not just another venture capital pool; the Abu Dhabi MGX AI fund represents a massive institutional validation of AI as the defining economic engine of the next century. By eclipsing its original US$45 billion target, MGX isn't merely participating in the tech boom-it is aggressively positioning itself to dictate its direction. What makes the new Abu Dhabi MGX AI fund a game-changer? In my view, the sheer scale of this fund alters the venture capital ecosystem entirely. Raising US$49 billion in a climate where some tech stocks are experiencing volatility shows incredible contrarian conviction. This capital gives MGX unmatched structural leverage. The fund allows Abu Dhabi to anchor the most capital-intensive pr...
In a rare commentary on the ongoing Gaza conflict, Mohamed Salah, the renowned Liverpool forward, shared a touching Christmas message, urging not to forget the families affected by the violence. Salah, who had faced criticism for his initial silence, posted a black-and-white image of a Christmas tree on his social media platforms, reaching out to his millions of followers.
The conflict escalated when Hamas militants launched a cross-border rampage on Oct 7, leading to intense bombardment by Israel. Salah acknowledged the gravity of the situation, stating, “With the brutal war going on in the Middle East, especially the death and destruction in Gaza, this year we get to Christmas with very heavy hearts.”
The footballer emphasized the importance of not becoming desensitized to the suffering and urged people not to forget the grieving families. Salah’s message comes after his significant donation to aid the people of Gaza, as confirmed by Egyptian Red Crescent officials in October.
While Salah’s initial silence sparked criticism in his native Egypt, his Christmas message reflects his growing engagement with the conflict. In his first comments on the matter in October, Salah called for an end to what he described as “massacres” and appealed for humanitarian aid to be allowed into Gaza.
As the football star continues to use his platform to raise awareness about the plight in Gaza, his Christmas message serves as a reminder of the human cost of the conflict and the need for international attention and support.
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