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

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.Heavy stocks light index.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.

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