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.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.
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.At present, xAI's main product is a chat robot named Grok, which is aimed at X's paying users.According to documents submitted to the US Securities and Exchange Commission (SEC) on Thursday, these equity financing came from 97 investors, including equity with a minimum value of $77,593.
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 documents submitted to the US Securities and Exchange Commission (SEC) on Thursday, these equity financing came from 97 investors, including equity with a minimum value of $77,593.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.