Entertainment OpenAI, Anthropic backer MGX raises one of the biggest AI funds ever as it closes at $49 billion July 1, 2026 gopalkumarthakur@gmail.com The company is a backer of major AI companies including OpenAI and Anthropic, alongside Elon Musk’s xAI, prior to its merger with SpaceX. Related posts: Behind the smiles with Putin, Modi and Xi at China summit The Fed is the most divided it’s been in more than six years Japan’s Nikkei 225 jumps over 3% as expectations that ruling party will opt for a snap vote rise NATO chief says alliance ‘ready to defend every inch of Allied territory’ after Russian drone hits member state Romania