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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.December 10th: Focus on the daily limit of Shengli Precision Counter-package, and Precision became a supplier of Musk, and the artificial intelligence xAI of Musk raised 6 billion dollars of new capital.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.

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.Composite current collector: The company's first full-process production line has been installed and debugged in Shucheng Industrial Park, Anhui Province. At present, the second upgraded magnetron coating equipment is being installed and debugged, and the transformation of the second water electroplating production line has been initially completed. The project construction and sample delivery inspection are progressing in an orderly manner. 3A optical film production line is under construction as planned.

Many of xAI's current investors, including Sequoia Capital and Andreessen Horowitz Fund, are also investors in Musk's X and other businesses.Many of xAI's current investors, including Sequoia Capital and Andreessen Horowitz Fund, are also investors in Musk's X and other businesses.