xAI acquires a generative AI video startup

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Elon Musk's SpaceX to invest $2 billion into his xAI startup

Elon Musk's SpaceX to invest $2 billion into his xAI startup: report

SpaceX is investing $2 billion in xAI, Elon Musk's AI company, as part of a $5 billion equity round, amid his efforts to boost the AI startup.

YEN.com.gh on MSN · 17h

Tesla to offer shareholders chance to invest in xAI: Musk

Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X. "It's not up to

USA TODAY · 45m

Musk rejects Tesla-xAI merger, proposes shareholder vote on AI investment instead

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

TechCrunch3mon

Elon Musk’s AI company, xAI, acquires a generative AI video startup

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 ...

Neowin2mon

Elon Musk's XAI Holdings is reportedly seeking to raise $20 ... - Neowin

xAI also acquired generative AI video startup Hotshot in March. “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, ...

1don MSN

Elon Musk’s SpaceX Pumps $2 Billion into xAI, Valuing the Startup at $113 Billion

Elon Musk’s rocket firm SpaceX has invested $2 billion into his AI venture xAI, marking the space company’s first public stake in the artificial intelligence sector. The move comes amid a $5 billion ...

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Elon Musk's SpaceX to invest $2 billion into his xAI startup