According to MGX's official website, MGX chairperson Tahnoon bin Zayed is the deputy sheikh of the UAE and the national security adviser of the UAE. He is the son of the first UAE president Sheikh Zayed Bin Sultan Al-nahayan and the younger brother of the current UAE president Mohamed Bin Zayed Al-Nahyan. Tahnoon bin Zayed, 56, controls two sovereign wealth funds with assets of up to 1.40 trillion US dollars. MGX Fund Management Limited is a state-owned artificial intelligence technology investment company in the UAE. MGX was established in 2024 by the Government of Abu Dhabi to be an artificial intelligence-driven investment vehicle with the goal of managing $100 billion in assets. Focused on accelerating the development and adoption of artificial intelligence and advanced technologies by building world-leading partnerships in the UAE and globally.