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 ...

Elon Musk's artificial intelligence startup xAI has launched Grok 4, positioning it as the world's most powerful AI model ...

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 intertwined.

OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed.

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.

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.

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 ...