Search results for MGX
Industry
Nvidia, Doosan Group expand cooperation across robots and AI data centres
Nvidia and South Korea\'s Doosan Group have expanded cooperation from robots to power and materials for AI data centres. Doosan said on June 8 that four affiliates, including Doosan Robotics, Doosan Bobcat, Doosan Enerbility and Doosan Electronics BG, will broaden collaboration with Nvidia in physical AI, robotics and AI factory infrastructure. The group plans to expand integration with Nvidia platforms step by step based on results at each unit.
AI & Enterprise
BlackRock CEO says U.S. needs trillions to maintain AI leadership; deposits, pensions may be tapped
The expansion of U.S. artificial intelligence infrastructure will require trillions of dollars in funding, and the pool of money could extend to ordinary Americans’ bank deposits and pension assets, a report said. BlackRock CEO Larry Fink said maintaining U.S. AI leadership requires sustained investment in R&D, data centres, power grids, semiconductors, telecoms cables and talent. Wall Street firms are also backing larger AI infrastructure spending.
AI & Enterprise
South Korea holds AI investment forum with UAE
South Korea\'s Ministry of Science and ICT, the National AI Strategy Committee and the Ministry of Trade, Industry and Energy held a Korea-UAE AI infrastructure and semiconductor investment forum in Seoul. The event follows discussions by a bilateral government-private working group formed after a UAE state visit in November 2025. UAE participants included officials and representatives from Core42, MGX, ATRC, TII, Mubadala and Abu Dhabi Investment Authority.
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Industry
ByteDance valuation tops $600 billion as demand surges for founder stake sale
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AI & Enterprise
Europe infrastructure race heats up as Nebius unveils hyperscale data centre plan
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AI & Enterprise
OpenAI sells $3 billion in shares to retail investors, seeks ETF inclusion
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AI & Enterprise
Nvidia shifts to rack-scale pairing to ease AI factory bottlenecks
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AI & Enterprise
Anthropic raises $30 billion at $380 billion valuation
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AI & Enterprise
National AI strategy panel moves to flesh out Korea-UAE AI, digital alliance
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Crypto
Binance founder Changpeng Zhao says Trump business ties are misunderstanding
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Crypto
TikTok forms new U.S. entity, ending six-year controversy
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Crypto
Pakistan to work with Trump-linked World Liberty to build stablecoin-based cross-border payments
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AI & Enterprise
Musk\'s xAI raises $20 billion with Nvidia, Cisco among investors