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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.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.

Heavy stocks light index.At present, xAI's main product is a chat robot named Grok, which is aimed at X's paying users.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.

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.