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.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.
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.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 became a supplier of Musk, and the artificial intelligence xAI of Musk raised $6 billion in new capital, machine vision composite current collector vehicle communication 5G.
Many of xAI's current investors, including Sequoia Capital and Andreessen Horowitz Fund, are also investors in Musk's X and other businesses.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.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.
Strategy guide
Strategy guide
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13