xAI Acquires Hotshot, Eyes Generative Video
Elon Musk's xAI has acquired Hotshot, a video generation startup, signaling a major push into the generative video AI market. This move positions xAI to compete with industry leaders like OpenAI's Sora and Google's Veo 2, integrating Hotshot's technology to enhance its Grok chatbot and develop advanced video foundation models.