ADIA and Mubadala

UAE’s Tahnoun Bin Zayed creates AI space tech company with Mubadala


Issue 1186 - 25 Mar 2024 | 3 minute read

The merger of Abu Dhabi-listed Bayanat AI and satellite operator Yahsat to form Space42 is set to go ahead, with the UAE national security adviser holding 50% of the combined group. Another vehicle in Tahnoun Bin Zayed’s stable, Group 42, is setting up an AI investment company with Mubadala called MGX

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