MGX Closes $49 Billion AI Fund as Abu Dhabi Cements Its Role in Global AI Capital
Abu Dhabi's MGX closed its
TodayFriday, July 03, 2026
Reporting the World
Clinton Aide Doug Band Faces House Oversight Panel as Epstein Probe Widens to Penn Campus
Former Clinton aide Doug Band appeared before the House Oversight Committee on June 30 as newly released Epstein files revealed how the convicted sex offender used an Austrian law student at Penn
DOJ Defies Judge on Epstein Files as Compliance Deadline Passes
The Justice Department chose appeal over compliance Thursday as a federal court deadline to release unredacted Epstein files expired, setting up a direct confrontation with U.S. District Judge Emmet Sullivan, who found
USMNT Draws 33.5 Million Viewers vs Bosnia, an All-Time US Soccer TV Record
The United States drew a combined 33.53 million viewers for their World Cup win over Bosnia, the largest audience for any soccer match in US television history, according to preliminary Nielsen data.
Tim Hardaway Sr. Says His Retired Heat No. 10 Stays Retired, Even for His Son
Tim Hardaway Jr. signed with the Miami Heat this week, returning to the franchise his father helped define, only to find the one number that most connects the family to Miami history
Lions Release Terrion Arnold After First-Round Pick Faces Eight Felony Counts in Tampa
The Detroit Lions released cornerback Terrion Arnold on June 29 after the first-round pick was charged with four counts of kidnapping and four counts
Lakers Bet the Rebuild on Doncic, Acquire Walker Kessler and Three Free Agents
The Lakers acquired Walker Kessler in a $130 million sign-and-trade from the Jazz and signed three free agents in under an hour Tuesday, completing
Trump Posts AI Deepfake Video Targeting Julia Roberts, De Niro and Other Hollywood Critics
President Donald Trump posted an AI-generated video to Truth Social using the likenesses of Julia Roberts, Robert De Niro, Whoopi Goldberg, and three other
MGX Closes $49 Billion AI Fund as Abu Dhabi Cements Its Role in Global AI Capital
Abu Dhabi's MGX closed its debut AI fund at $49bn, exceeding a $45bn target, attracting investors from three continents to back semiconductors, AI infrastructure and frontier models. Stakes in Anthropic, OpenAI, Binance
Oil Falls Below $71 for First Time Since US-Israel War on Iran as Doha Talks Signal Pause
Brent crude fell to $70.82 a barrel on Thursday, the lowest level since the day before
Germany Unveils €10 Billion Tax Cuts and Pension Reforms Amid Far-Right Electoral Pressure
Chancellor Friedrich Merz's CDU-SPD coalition unveiled a 34-measure economic overhaul on Thursday, including €10bn in annual
US Economy Added 57,000 Jobs in June as Workers Exit the Labor Force at a 50-Year Low
The Bureau of Labor Statistics reported Thursday that nonfarm payrolls rose by just 57,000 in June,
Bitcoin Surges to $61,000 as Fed Chair Warsh Eases on Inflation for First Time
Bitcoin rose to $61,442 on Wednesday as Federal Reserve Chair Kevin Warsh softened on inflation for
Illinois Senate President Took $50,000 From Illegal Online Casino Operator. He Plans to Give It to Charity.
Don Harmon, the Illinois Senate President who has positioned himself as a skeptic of online gambling expansion, received a $50,000 campaign contribution from ARB Interactive — parent company of Modo, an online
DraftKings and FanDuel Are $7 Million Into a Nebraska Ballot Push. Certification Is Tomorrow.
A campaign backed by DraftKings, FanDuel, BetMGM, and Fanatics
Genovese Mobsters Used 100 Fake Loyalty Cards to Win $1.1 Million at Bally’s Casino
Six men with ties to the Genovese crime family's
UK Think Tank Calls to Double High Street Slot Tax. The Industry Says It Would Close Hundreds of Shops.
The Social Market Foundation called for doubling Machine Games
