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Latest / Impact Vector: Technology

MGX raises a $50bn AI fund and is already spending it — 2026-06-23

## Short Segments Qualcomm is closing in on a $4 billion deal to acquire AI-software startup Modular, aiming to challenge Nvidia's dominance in AI infrastructure. China reclaims the top spot in supercomputing with its LineShine system, surpassing the U.S.'s El Capitan. SpaceX lands a $6.3 billion compute deal with Reflection AI, leveraging Nvidia chips at its Colossus 2 data center. Nearfield Instruments raises a record $380 million in a Dutch deep-tech funding round, highlighting the growing demand for chip inspection technology. And coming up, Abu Dhabi's MGX AI fund raises $50 billion…

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