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Mubadala: This Year Will Invest Heavily in AI and Space Technology

The Abu Dhabi sovereign wealth fund Mubadala will make significant investments in AI and space technology. Mubadala Investment Company CEO Khaldoon Al Mubarak stated that this year a large amount of funding will be directed towards AI and space technology, with plans to increase investments in the US market and enhance long-term allocations in Asia.

4.5k 4 days ago
Mubadala: This Year Will Invest Heavily in AI and Space Technology

AI-Driven Investment Platform Allocations Surpasses $2 Billion

1. Allocations leverages AI to surpass $2 billion in assets, revolutionizing the approach to private fund raising combined with machine learning. 2. AI accelerates business output, with each employee servicing 70 funds, achieving efficiency 10-70 times the industry average, significantly reducing legal document generation costs. 3. Allocations plans to launch a mobile application to bring fund management to mobile devices, enabling the easy creation of new entities, targeting over $10 trillion in private assets by 2030.

6k 11-02
AI-Driven Investment Platform Allocations Surpasses $2 Billion
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