The Artificial Intelligence and Advanced Technology Council (AIATC)—established on January 22, 2024, by His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates—announced the creation of MGX, a technology investment company designed to enable the advancement and deployment of leading-edge technologies intended to improve the lives of current and future generations. Mubadala and G42 serve as foundational partners in the creation of the new company.