Elon Musk's SpaceX to invest $2 billion into his xAI startup
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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 ...
xAI also acquired generative AI video startup Hotshot in March. “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and ...
Just over six months after raising $6 billion in a Series C round of funding at a $50 billion valuation, xAI has raised $10 billion in debt and equity.