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XAI has invested at least part of its funds in the latest "Supercomputer Factory" project in Memphis, which was put into use earlier this year. At that time, local officials called it "the largest multi-billion-dollar investment in Memphis's history", and the expanding footprint of the facility also attracted other major technology companies to the region, including NVIDIA, Dell Technology and Ultramicro Computer.Musk founded xAI in 2023 and has been actively financing the project since then. In May this year, the company completed another round of financing of $6 billion, when the company was valued at $24 billion, including the latest cash raised.

XAI has invested at least part of its funds in the latest "Supercomputer Factory" project in Memphis, which was put into use earlier this year. At that time, local officials called it "the largest multi-billion-dollar investment in Memphis's history", and the expanding footprint of the facility also attracted other major technology companies to the region, including NVIDIA, Dell Technology and Ultramicro Computer.Robot concept: Suzhou Fuqiang Technology Co., Ltd., a wholly-owned subsidiary of the company, signed a Memorandum of Strategic Cooperation with Germany KUKA Robot Co., Ltd. In order to further promote the development of intelligent manufacturing, automation and robot industry in China, the two sides intend to cooperate on the use and promotion of KUKA industrial robots in 3C, automobile, medical care, new energy and other industries.Recently, Musk expanded the lawsuit against its main competitor, ChatGPT manufacturer OpenAI, saying that OpenAI illegally tried to monopolize the artificial intelligence market and crowd out competitors.

The company did not list the names of investors, nor did it provide data on valuation. However, according to a report by Bloomberg in October, xAI is seeking new financing, with a pre-investment valuation of 40 billion US dollars.According to a regulatory document, xAI, a Musk artificial intelligence startup, has raised $6 billion in new capital and completed financing activities that have been going on for several months. It is said that the valuation of xAI has exceeded $40 billion in this round of financing.These concepts reflect that Shengli Precision has been involved in many popular scientific and technological fields. For example, in the field of consumer electronics, the company provides precision structural parts for related products; In terms of Apple concept and Xiaomi concept, it is one of the supply chain enterprises of these brands; Smart wear and virtual reality reflect their layout in the direction of emerging intelligent hardware; Industry 4.0 reflects its intelligent upgrade in the manufacturing process; The related concepts of new energy vehicles and lithium batteries show that it has participated in the field of new energy vehicles; The concept of photovoltaic is its layout in the clean energy industry.