Elon Musk’s AI company, xAI, acquires a generative AI video startup

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. Akash 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 as a small team — Hotshot-XL, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Mar 17, 2025 - 19:35
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Elon Musk’s AI company, xAI, acquires a generative AI video startup

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. Akash 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 as a small team — Hotshot-XL, […]

© 2024 TechCrunch. All rights reserved. For personal use only.