Mike Sheppard

And we have talked on

in this space about how much Claude is threatening to disrupt other industries, such as law, such as financial services, wealth management, you name it.

And the tools that Claude offers really have some benefits.

And that is yet another reason, in addition to perhaps this populist sentiment swing.

Well, that's right.

Our colleagues Mark Berg and Dinesh Nair sat down, and this was really the first of its kind interview with their AI investment chief, Ali Osman, and their chief strategy officer, David Scott.

And they got a look at the inner workings of this firm, MGX, whose name is really showing up more and more, Ed, with all these AI-related deals that we've been talking about.

Let's go to Anthropic.

MGX was a co-lead investor in the latest fundraise.

The company has also invested and taken stakes in XAI and OpenAI, really giving it, in a way, the triple crown of AI investing.

And there's more.

They've also put money into the big Stargate AI data center venture here in the U.S.

and also taken a stake in the new TikTok that we've spent so much time talking about.

So MGX is really a player in so many of these different areas.

And one thing that struck me, Ed, during the interview and reading the big take on this was that David Scott likened their approach not to a private equity firm or

or a venture capital fund, but really to NVIDIA, which you and I have seen from the conference here in Washington in October, just how much NVIDIA has tried to take stakes in cloud computing and software companies that try to feed the ecosystem of artificial intelligence.

And this is just a sign of how Abu Dhabi, whose sovereign wealth fund backs MGX, is really trying to diversify its economy away from just energy and try to seize on the AI wave now.

Well, this is another key tie up between humane, which got its start just last year.

The Saudis unveiled humane, which is backed by the public investment fund.

Again, we have state backed golf money going into this new venture.