Musk's xAI Secured Oman Investment
Oman Investment Authority (OIA) acquired an undisclosed stake in Elon Musk’s company xAI.
Apple’s self-developed modems will replace Qualcomm solutions in iPhones by 2027. The reports indicate Apple’s in-house chips would be first used in an update to the iPhone SE series scheduled for early 2025.
The high-end version should be available in 2026, aiming for its developments to surpass technology offered by current supplier Qualcomm by 2027. Rumors surrounding Apple’s development of its own smartphone modems have been circulating for years, with speculation ramping up in 2019 when it struck a deal to acquire the majority of Intel’s business focused on the area.
In the years since news outlets have claimed several target launch dates. Initially, these were placed at around 2022. However, the project was facing a string of setbacks, with prototypes suffering from issues including overheating and being too large. As its timeline continued to be pushed back, Apple signed an extension with Qualcomm, which expires in 2027.