Latest news with #Mubadala Capital
Arabian Business
2 days ago
- Business
- Arabian Business
Mubadala Capital reportedly partnering Cain for luxury real estate investment
Abu Dhabi's Mubadala Capital is reported to be looking at deploying billions of dollars into global luxury real estate. According to a Bloomberg report, based on speaking to people familiar with the matter, Mubadala Capital is teaming up with Cain International for the new venture. The sources, who asked not to be identified, told Bloomberg that Mubadala Capital and Cain, a $13 billion asset manager, have each committed new capital to the partnership, which will seek to bolster and expand some of their existing portfolios, and make new investments into luxury property. Representatives for Mubadala Capital and Cain declined to comment. Cain is a partnership between Chief Executive Officer Jonathan Goldstein and billionaire Todd Boehly's Eldridge Industries. Goldstein spoke about the partnership with Mubadala Capital in a recent Bloomberg TV interview without disclosing details, and the firms are both investors in luxury hotel brand Aman Group. The alternative asset management firm had earlier this year sold a minority stake in itself to TWG Global, an investment firm led by Guggenheim Partners founder Mark Walter and financier Thomas Tull, in a deal that included a $10 billion syndicated investment in TWG. Last year in November, the Abu Dhabi asset management company also acquired Canadian mutual fund manager CI Financial, and is planning to take it private.
Arabian Business
02-08-2025
- Business
- Arabian Business
Abu Dhabi's Mubadala invests in AI open-source company Anaconda
Abu Dhabi's Mubadala Capital has participated as one of the main investors alongside Insight Partners in the US$150 million Series C funding of Anaconda Inc, the company committed to advancing AI with open source at scale. The company operates profitably with over US$150 million in annual recurring revenue (ARR) as of July 2025. The new funding values the startup at about US$1.5 billion. Acquisitions on their mind Capital will be invested in new AI features, strategic acquisitions, and to fuel Anaconda's global expansion into new markets. Additionally, the funding will offer liquidity options for current and former employees, driving the company's continued momentum and growth. This news comes on the heels of Anaconda's newly launched AI Platform as well as a recently announced partnership with Databricks, the data and AI company. Since its founding in 2012, Anaconda has been one of the most trusted and widely used Python distribution platforms, with over 21 billion downloads and 50 million users. Today, more than 10,000 large enterprises rely on Anaconda to build and manage AI systems effectively. The infusion of capital comes at a pivotal moment as enterprises shift from isolated data science projects to building compound AI applications, validating Anaconda's mission to empower organisations and builders to innovate with data through a unified open source ecosystem for enterprise Python—the coding language that has become synonymous with AI development. George Mathew, Insight Partners Managing Director, said: 'As agents and compound AI systems gain traction, companies need a foundational platform to effectively manage key open source artifacts and components to drive fast, scalable innovation. Anaconda takes this a step further by layering simplicity and security to AI in enterprise landscapes. 'As enterprises move from specialised data science to generalised AI systems, we believe Anaconda is incredibly well-positioned for this generational shift.'
