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 ...

Elon Musk’s xAI Corp. has acquired Hotshot, a startup ... with an AI-powered image generation and editing tool. The company pivoted the following year with the launch of a video generation ...

Elon Musk’s xAI Holdings is pushing to raise around $20 billion to fuel his merged artificial intelligence and social media ...

a startup specialising in AI-powered video generation tools. This acquisition is set to bolster xAI's position in the generative AI market and enhance its Grok chatbot platform with potential new ...

Before we get into today’s column, I’d like to give a big thank you to all our subscribers who joined us at our “Financing ...

OpenAI is rushing to stay ahead in the generative AI race, where competitors including Google, Anthropic and Elon Musk's xAI are investing ... similar capability. The startup's investors include ...