AI acquires Hotshot AI video generation startup to enhance Grok chatbot capabilities and scale operations using Colossus ...

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

Microsoft Corp., the biggest backer of Sam Altman’s OpenAI, and BlackRock Inc., which has an executive on the artificial ...

Elon Musk's xAI and AI chip giant Nvidia will be part of a group to develop infrastructure for artificial intelligence, ...

Microsoft Corp. (NASDAQ: MSFT), and NVIDIA Corp. (NASDAQ: NVDA) have announced significant updates to the AI Infrastructure ...

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 ...

The value gap between Elon Musk's stakes in Tesla and SpaceX has widened following the slide in the EV maker's stock this year.

The Memphis City Council Tuesday evening gave final approval on selling 13 acres of land where xAI is expected to build a ...

Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, ...

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

Microsoft and BlackRock have brought Elon Musk’s xAI on board in their effort to build US$30 billion ($47.4 billion) worth of data centres and artificial intelligence infrastructure.

The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, is one of the ...