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 ...

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 ...

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 ...

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

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 ...