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 ...

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 th ...

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 pace of large U.S. startup financing announcements was somewhat muted in a shortened Fourth of July workweek. There was, ...

AI has secured a total of $10 billion in fresh funding to accelerate further in AI space by expanding its AI infrastructure ...

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, distribution and ...

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. Late ...

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. Akash Sastry, Hotshot’s CEO and co-founder ...

OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed. Windsurf, formerly known as Codeium, competes with Cursor ...

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 ...

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. Late last ...