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

Read the full articleElon Musk’s AI company, xAI, acquires a generative AI video startup on TechCrunch
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What Happened

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 vid

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