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


Elon Musk’s company, Xai, HotShot, AI-Pightsed video generation vehicles obtained a start along the lines of Openai Sora.

Aakash Sastry, HotShot’s CEO and co-founder, Announced the news On a post on Monday x.

“We set up 3 video foundation model in the last 2 years – Hotshot-XL, Hotshot ACT, Hotshot and Hotshot,” Sastry wrote. “Prepare these models, global education, entertainment, communication, communication, communication, communication, communication and productivity in the coming years. As part of Khai, we are pleased to continue to compile the world’s largest majority.”

Hotshot located in San Francisco, was built a few years ago by Sastry and John Mullan. The beginning first developed AI’s designed photo creation and editing tools, but eventually stood in favor of video AI models from the text.

Hotshot, Lachy Groom, Reddit co-founder Alexis Ohanian and was able to attract investment from VCS including SV angel before his speech. The company has never explicit the size of the financing tours.

Acquisition of Arthot of the XAI may indicate that the past plan to establish its video generation models to compete with the Likes of Google I see 2and others. Musk previously stated that the models of the video generating videos to add to the Grock Chatbot platform. During a live flow in JanuaryMusk said the “Grock Video” model will be released “in a few months”.

Hotshot He said on his website On March 14, the Sunshine of the new video creativity began to sunset the sun. The existing customers will arrange to download videos generated using the platform by March 30.

It was not immediately clear whether all the hotshot employees joined the Xai. Sasty refused to comment.





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