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
The Secretary-General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, condemned Iranian attacks on civilian infrastructure in Bahrain, Jordan and Kuwait on Saturday, describing them as "war crimes."
Iran's Foreign Minister Abbas Araqchi arrived in Oman on Saturday to discuss arrangements for the safe passage of ships through the Strait of Hormuz, with Washington seeking a public pledge of free, secure transit.
The U.S. Department of Commerce loosened export controls on the United Arab Emirates on Friday, making it easier to export military items, certain commercial satellites and spacecraft, according to a U.S. government posting in the Federal Register.
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