Elon Musk’s AI company, xAI, acquires a generative AI video startup
Mar 17, 2025
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 the news in a post on X on Monday. “Over the past 2 years we’ve built 3 video foundation models ...read more
https://techcrunch.com/2025/03/17/elon-musks-ai-company-xai-acquires-a-generative-ai-video-startup/
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