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