Musk's xAI Recruits Bankers on Large Scale; Diversified Financial Sector Strengthens; Nanhua Futures and Aijian Group Hit Daily Limits

On March 17, the multi-finance sector strengthened, with Nanhua Futures (603093.SH) and Aijian Group (600643.SH) hitting the daily limit. Hongye Futures (001236.SZ), Ruida Futures (002961.SZ), Yongan Futures (600927.SH), CPC Capital (000617.SZ), and Jianyuan Trust (600816.SH) also saw significant gains.

According to official recruitment information on xAI’s website on March 16, Elon Musk’s artificial intelligence company xAI is launching a large-scale hiring campaign. The company is primarily recruiting Wall Street bankers, portfolio managers, traders, and credit analysts—financial professionals who will join the data annotation team as “AI mentors.” Their main responsibility is to teach xAI’s large model Grok financial modeling thinking to enhance Grok’s ability to handle financial scenarios, helping it upgrade to a “top investment bank analyst.”

Based on publicly available recruitment information on xAI’s website, the financial professionals being recruited include not only traditional bankers and credit analysts but also experts in cryptocurrency and stock markets. They will focus on training Grok to handle complex financial tasks, including financial modeling, asset valuation, industry research, and trading analysis—core responsibilities of traditional investment bank analysts.

Currently, the general AI market is highly competitive with unclear profit models. Vertical financial AI services can achieve commercialization through enterprise subscriptions and customized services. xAI’s urgent focus on the financial AI track is also aimed at finding new profit growth points to alleviate ongoing losses.