MUSCAT, Oman, July 16, 2026 /PRNewswire/ -- Future Fund Oman (FFO), a portfolio of Oman Investment Authority (OIA), the Sultanate of Oman's sovereign wealth fund, has announced a new package of 105 strategic projects and investments worth USD 1.744 billion, as the Sultanate of Oman accelerates its economic diversification.
The portfolio combines USD 585 million in commitments from FFO with around USD 458 million in local investment, spanning renewable energy, advanced manufacturing, tourism, healthcare, medical technologies, innovation and food industries.
"This portfolio directs capital toward nationally prioritized sectors and strengthens Oman's appeal to global investors," said His Excellency Mulham Al Jarf, Deputy President of Investment at the Oman Investment Authority. He noted that the Fund has worked to establish itself as an economic catalyst and a trusted investment partner.
The portfolio's most internationally significant bets place Oman inside global supply chains. Its flagship, Orion Solar, will build an integrated solar cell and module facility in SOHAR Freezone with annual capacity of six gigawatts, the first of its kind in the Middle East and a cornerstone of localizing the solar value chain. Alongside it, Gallant Industrial Project will produce 66,000 tonnes a year of lithium iron phosphate cathode material, a core component of electric vehicle batteries, linking the Sultanate to the fast-growing clean-energy and storage markets.
The Fund is also building capacity across tourism, technology and food security. It is backing the As' Sodah Island Resort, an integrated development spanning roughly 10 kilometres of pristine coastline, and Terminal 11, Oman's first integrated innovation hub, which brings startups, venture capital and researchers under one roof. Further investments span Alma, an animal-nutrition manufacturer drawing on Oman's marine and pastoral resources, and XCyber, a sovereign cybersecurity company using artificial intelligence to protect critical national infrastructure under the joint fund between ewpartners and FFO.
The package also draws marquee international capital into the country. FFO committed USD 200 million each to Vivo Capital, a leading global life sciences fund, and Certares, an international tourism and hospitality investor, and launched a new Healthcare Investment Fund capitalized at USD 130 million to localize medical industries and lift the quality of care.
Beyond large-scale projects, FFO continues to back startups and small and medium-sized enterprises at every stage of growth, from incubation through early growth to established firms.
Established in 2024 with a capital of USD 5.2 billion to stimulate economic recovery in Oman following COVID-19, the Fund continues to build specialized partnerships that bring global expertise and knowledge transfer to priority sectors across the Sultanate of Oman. It underscores FFO's expanding role in advancing Oman Vision 2040 through economic diversification, venture investment and foreign capital attraction. Investors, entrepreneurs and institutions interested in these opportunities can explore the targeted sectors and apply through the Fund's digital platform at www.futurefund.om.
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OMAN'S US$5.2 BILLION FUTURE FUND UNVEILS US$1.744 BILLION IN PROJECTS
AI in living spaces evolves from an aftermarket add-on to an embedded intelligence layer.
LOS ANGELES, , July 16, 2026 /PRNewswire/ -- LiveLarge Home Inc. ("LiveLarge" or the "Company") today announced its Flagship L-Space, introducing a new category of AI-native living spaces designed to proactively adapt to users' activities, preferences, and personalized settings in real time. Incorporating Space AI, the Flagship L-Space represents LiveLarge's long-term vision to infuse artificial intelligence into the home, creating spaces that empower their occupants.
In NVIDIA's June 24 Annual Stockholders Meeting, Nvidia chief executive officer Jensen Huang described physical AI as the "next wave of growth" for the company, defining it as "agentic AI in the real world." While this statement was directed at industrial applications such as robotics and manufacturing, its potential far exceeds those sectors. For example, the home automation AI market is projected to grow from US$34.57 billion in 2026 to US$97.05 billion by 2030[1].
In line with the development, the LiveLarge Flagship L-Space is the Company's first demonstration of an AI-native living space, a new product category where intelligence is embedded directly into buildings. By using AI that predictively orchestrates intelligent sensors and subsystems inside the home, LiveLarge aims to personalize spaces that can adapt to the user's mood in real time and learn their preferences, creating environments that connect with their emotions.
Space AI enables AI intelligence inside the home
Recent advances in AI have largely centered on large language models and robotics, while its application in living spaces remains untapped despite its vast potential to transform how people live and work.
Before the advent of AI, users relied on smart home devices to automate daily routines. However, these devices often worked in isolation, creating more stress in managing them. Also, their functions were often reactive, rather than proactive.
"Smart home setups have been stuck in an aftermarket device model for too long," said Endong Zhang, Founder and CEO of LiveLarge Home Inc. "We believe the next generation of home intelligence needs a built-in system layer that can unify space, devices, sensors, AI, and user context. L-Space is where we start–a controllable and deliverable space to integrate and improve that experience over time."
Now with Space AI, LiveLarge aims to bridge this gap, creating living spaces that can anticipate the preferences of every family member and optimize their surroundings to suit the situation.
At the center of Space AI is Lila, LiveLarge's smart assistant that's always ready to help. Learning the users' individual preferences and storing them in long-term memory, Lila orchestrates the Flagship L-Space's various modules–the 5.1 surround sound system, air circulation, 4K short-throw projector and more–as a cohesive system. By interpreting user preferences and tasks, Lila can predictively adjust interior conditions with minimal input from the user.
The Flagship L-Space is designed with privacy and user control in mind, with core modules capable of operating locally and user preferences stored locally where applicable.
As a premium standalone space, the Flagship L-Space is designed to be installed faster than conventional site-built structures. Completion time varies depending on site conditions, permitting requirements, and local regulations.
"U.S. customers are not asking for more devices to manage. They are asking for better spaces," said Thalia Cheng, President of LiveLarge, "L-Space turns that need into a private, flexible product experience for work, wellness, creativity, and everyday life."
Availability
The LiveLarge Flagship L-Space will be available in California on a made-to-order basis.
About LiveLarge
LiveLarge Home Inc. is a California-based company building premium space products and AI-enabled living environments for the future of home. With experience across prefab homes, ADUs, and standalone lifestyle spaces, LiveLarge combines design, construction, manufacturing, and emerging AI capabilities to create more adaptive, human-centered environments for modern living.
[1](2026, February 1). AI in Home Automation Market Report 2026. The Business Research Company; The Business Research Company. https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-in-home-automation-global-market-report
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LiveLarge Reveals Flagship L-Space, Showcasing an AI-Powered Adaptive Living Environment
