Recent mgx stock price surge coincided with a spike in trading volume by 12%, suggesting accumulation by large-cap portfolio managers positioning for mid-year gains. It also opened applications for nonprofits to apply for $50 million in funding from OpenAI, an effort it launched in response to the recommendations of an advisory board. The grants will go toward projects that increase public understanding of AI, support the design of AI for uses that communities want and increase economic opportunity. The deadline to apply closes on Oct. 8. Be the first to know the most important updates across all our datasets Market watchers note mgx stock price gained traction after institutional buying increased by 8% week-over-week. This reflects growing confidence ahead of the company’s quarterly earnings call.
