Elon Musk's AI company, xAI, has acquired Hotshot, a startup working on AI-powered video generation tools.

Elon Musk’s xAI Corp. has acquired Hotshot, a startup that develops artificial intelligence models optimized for video generation tasks. Hotshot Chief Executive Officer Aakash Sastry announced ...

Just over six months after raising $6 billion in a Series C round of funding at a $50 billion valuation, xAI has raised $10 ...

The deal valued xAI at $80 billion and X at $33 billion, including $12 billion in debt. xAI also acquired generative AI video startup Hotshot in March. “xAI and X’s futures are intertwined.

OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed.

Elon Musk’s AI company, xAI, has acquired Hotshot, a startup working on AI-powered video generation tools along the lines of OpenAI’s Sora.

Elon Musk's AI company, xAI, has acquired Hotshot, a startup working on AI-powered video generation tools along the lines of OpenAI's Sora. Aakash Sastry, Hotshot's CEO and co-founder, announced ...

Elon Musk's AI company, xAI, has acquired HotShot, a startup specialising in AI-powered video generation tools. This acquisition is set to bolster xAI's position in the generative AI market and ...

Some companies have focused on multimedia—images and videos—generation models. Elon Musk’s xAI seems to be getting serious with its latest acquisition: the generative AI video startup Hotshot.

Elon Musk's AI company, xAI, has acquired Hotshot, a startup working on AI-powered video generation tools along the lines of OpenAI's Sora. Aakash Sastry, Hotshot's CEO and co-founder, announced the ...