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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.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.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.

These concepts reflect that Shengli Precision has been involved in many popular scientific and technological fields. For example, in the field of consumer electronics, the company provides precision structural parts for related products; In terms of Apple concept and Xiaomi concept, it is one of the supply chain enterprises of these brands; Smart wear and virtual reality reflect their layout in the direction of emerging intelligent hardware; Industry 4.0 reflects its intelligent upgrade in the manufacturing process; The related concepts of new energy vehicles and lithium batteries show that it has participated in the field of new energy vehicles; The concept of photovoltaic is its layout in the clean energy industry.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.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.In October this year, OpenAI just completed a new round of financing of $6.6 billion, which made the company's valuation reach $157 billion, making it among the unlisted companies with global valuation. In addition to venture capital companies such as Thrive Capital, Microsoft and Invista are also among the investors.