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Private Equity 3 Hours

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2 articles summarized · Last updated: LATEST

Last updated: June 24, 2026, 2:30 PM ET

Private Equity

Abu Dhabi's MGX is nearing $50bn for a new artificial intelligence fund, aiming to rapidly expand AI infrastructure and technology. This move signals significant investor appetite for the sector. Separately, Luxshare Precision Industry, a key supplier for Apple's Air Pods, is exploring a Hong Kong listing that could raise approximately $3bn, potentially revitalizing the city's IPO market.