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Hotshot

Business & Markets · Enterprise

xAI Acquires Hotshot to Accelerate AI-Powered Video Generation

xAI, the artificial intelligence company founded by Elon Musk, has acquired Hotshot, a San Francisco-based startup specializing in AI-powered video generation. The acquisition signals xAI’s expansion into text-to-video AI models, positioning it to compete

18 Mar 2025 · 1 min read

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