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

Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence ...

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.

OpenAI is rushing to stay ahead in the generative AI race, where competitors including Google, Anthropic and Elon Musk's xAI are investing heavily and regularly rolling out new products.