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 ...

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 ...

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 ...

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

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

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 ...