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 ...

Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.

Elon Musk’s AI company xAI has acquired two-year-old AI video startup Hotshot ... Hotshot has been exploring advanced generative models in video to change the way content is created.

The merger will “combine the data, models, compute, distribution and talent” of the two companies, according to Elon Musk. In particular, Grok AI is expected to expand on X.

Minneapolis City Council Looks to Crack Down on Food Delivery Robots Tech billionaire Elon Musk announced on Friday that his artificial intelligence startup, xAI, acquired X in an all-stock ...

while generative AI startup Anthropic was valued at $61.5 billion in a deal that closed this month. In addition to running Tesla, SpaceX and xAI and overseeing X, Musk has spent much of his time ...

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 ...