The Emirati "Mgx" joins the "Intel" chips for a purchase of "Intel" chips

MGX, an investment business backed by Abu Dhabi, focused on artificial intelligence, joined the Silver Lake Management in a 51% summary of the Intel business, which is manufactured for programmed slides. ‘Mgx’ announced its participation in the agreement on Tuesday, which was concluded earlier this week. Altira products – semiconducted is designed after leaving the factory – for a set of uses, including industrial robots, data and communications centers. Artificial intelligence applications are of particular importance to “MGX”, which has already supported startups such as “Openai” and “Xai”. It also worked with ‘Black Rock’ and ‘Microsoft’ in a $ 30 billion plan to build data and energy centers infrastructure. Also read: The Emirati MgX is considering raising billions of dollars to support artificial intelligence Altra is an essential computer platform. He added: “It is an opportunity to expand the company’s scope of this interest to become a real global pioneer in the era of artificial intelligence.” Bloomberg reported in April that “Intel” agreed to sell its 51% share in “Altera” to “Silver Lake” in an attempt to get rid of non -basic assets. The Chips Industry enterprise is working to reduce its business size as part of a transformation plan led by CEO Leip Tan Build Tan. Tan also sold a share of about 10% in Intel to the US government in an unconventional agreement in which the Trump administration was broken. Silver Lake bought the share share in Altera for $ 3.3 billion, according to a statement offered last week. Intel originally acquired the company for $ 16.7 billion in 2015. Also read: “Mistral” holds talks with the UAE “MGX” to collect a billion dollar in March in the “Khaznah” business, which in the “Khaznah” business in March in March in March in March in MGX. MGX is supervised by one of the most influential transactions in the world – Sheikh Tahnoon bin Zayed Al Nahyan – National Security Advisor for the UAE and the brother of the country’s president.