This is xAI’s first acquisition, announced on March 14, as it aims to strengthen its video generation capabilities ...

Elon Musk’s AI company, xAI, has acquired Hotshot, a startup working on AI-powered video generation tools along the lines of ...

The deal indicates xAI’s plans to improve its capabilities beyond text-based models, focusing on multimodal systems that can ...

TECH NEWS : xAI has acquired HotShot, a startup specializing in AI-powered video generation tools. This strategic move aims ...

Elon Musk’s xAI Corp. has acquired Hotshot, a startup that develops artificial intelligence models optimized for video ...

The fund aims to initially raise $30 billion to build the data centers and energy infrastructure needed to power advanced AI.

AI, the AI company founded by Elon Musk, has acquired Hotshot, a San Francisco-based generative AI video startup specialising ...

Oracle plans to invest $5 billion over five years to expand its Oracle Cloud Infrastructure (OCI) footprint in the U.K, with ...

We’re excited to continue scaling these efforts on the largest cluster in the world, Colossus, as a part of xAI.” Founded in 2017, HotShot initially focused on AI-powered photo editing before ...

Memphis City Council gave its second and final approval to sell land to Elon Musk’s xAI for a water recycling facility ...

The biggest backer of OpenAI, Microsoft is now building its own AI models and teaming up with Sam Altman's mortal enemy.

Elon Musk’s AI startup has made its first acquisition, with video generation project Hotshot announcing that xAI has purchased its business. Hotshot, which has built a range of text-to-video and ...