abu dhabi

Finance

Abu Dhabi’s Mubadala Capital Takes Big Step Into US Credit Market

Photo by Web Summit via CC BY 2.0

Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.

2 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

CI Financial to be Taken Private in Deal with Mubadala Capital

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

1 min read

Photo by Slejven Djurakovic via Unsplash

Semiconductors

Intel’s CEO Resigns After Failed Turnaround Effort

If the artificial intelligence revolution has ushered in a boomtime for chipmakers, no one seems to have told Intel.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Amazon Tries to Help Alexa Get Personal

Today, a patent application for making Amazon’s voice assistants more personal highlights the race – and roadblocks – to creation of an AI-powered Alexa.

2 min read
Photo via U.S. Patent and Trademark Office

Semiconductors

Google Wants to Keep Data Centers Cool Amid AI Cloud Boom

Finding ways to efficiently keep server farms cool benefits more than just Google’s cloud services business.

2 min read

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