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
Prince Faisal bin Farhan, Foreign Minister of Saudi Arabia, met on Monday with Sayyid Badr bin Hamad Al-Busaidi, FM of Oman, to review bilateral relations and discuss regional and international developments.
Israeli high-tech companies raised $15.6 billion in private funding in 2025, up sharply from $12.2 billion in 2024, according to preliminary data released on Monday by Startup Nation Central (SNC).
On Sunday, Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, held talks with American entrepreneur Elon Musk on the future of advanced technology and artificial intelligence.
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