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 ...

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 ...

A startup called Decart has developed an AI model that can transform live footage. The results are mind-bending—and poised to ...

Elon Musk’s AI startup has made its first acquisition, with video generation project Hotshot announcing that xAI has purchased its business.

Typeface, a generative AI startup focused on enterprise use cases, has acquired a pair of companies just over a year after raising $100 million at a $1 billion valuation. Typeface revealed on ...

Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and ...

Qualcomm, the San Diego-based company designing chips that power smartphones, laptops, virtual reality headsets and next-generation cars, acquired a Vietnamese startup for its generative ...

Canva adds a new generative AI platform to its growing creative empire Canva has acquired local startup Leonardo.ai to bolster the design platform’s Magic Studio AI tools.

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 ...