At present, xAI's main product is a chat robot named Grok, which is aimed at X's paying users.At present, xAI's main product is a chat robot named Grok, which is aimed at X's paying users.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.
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.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.Shengli Precision (002426) Composite Current Collector+Robot Vision+Consumer Electronics+Apple+Smart Wear+Xiaomi+Huawei+Virtual Reality+Industry 4.0+New Energy Vehicle+Lithium Battery+Photovoltaic+Tesla+Belt and Road+Integrated Die Casting+Communication 5G+ Auto Parts.
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.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.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.
Strategy guide
12-13
Strategy guide
12-13