cryptocurrency operations Top Knowledge

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.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.

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.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.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.

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.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.