The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk, Omani state news agency said on Wednesday.
xAI aims to develop AI technologies that contribute to a deeper understanding of the universe. The company focuses on building AI systems to accelerate human scientific discovery
The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk, Omani state news agency said on Wednesday.
OIA, the integrated sovereign wealth fund of Oman, also holds shares in Musk's SpaceX.
Reporting by Jana Choukeir
A multi-billion dollar deal to build one of the world's largest data centre hubs in the United Arab Emirates with U.S. technology is far from being concluded due to persistent concerns around security, sources familiar with the matter told Reuters.
In a bold move reflecting its ambition to become a global artificial intelligence (AI) powerhouse, the United Arab Emirates on Wednesday unveiled Falcon Arabic, a new AI model tailored specifically to the Arabic language and its diverse linguistic nuances.
U.S. President Donald Trump was due to end a brief trip to Qatar with a speech to U.S. troops on Thursday then fly to the United Arab Emirates, where leaders hope for U.S. help to make the wealthy Gulf nation a global leader in artificial intelligence.
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