Elon Musk’s xAI Corp. has acquired Hotshot, a startup that develops artificial intelligence models optimized for video generation tasks. Hotshot Chief Executive Officer Aakash Sastry announced ...

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 ...

Moonvalley AI Inc., a generative artificial intelligence research startup working on video AI models and tools trained on fully licensed content, today announced it has raised $84 million in ...

Meta has acquired Play AI, a startup that uses AI to generate human-sounding voices. A Meta spokesperson has confirmed the ...

Typeface, a generative AI startup focused on enterprise use cases, has acquired a pair of companies just over a year after raising $100 million at a $1 billion valuation. Typeface revealed on ...

AI research start-up Moonvalley announced $84 million in funding led by existing investor General Catalyst, with ...

Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and development.

Elon Musk’s rocket firm SpaceX has invested $2 billion into his AI venture xAI, marking the space company’s first public stake in the artificial intelligence sector. The move comes amid a $5 billion ...

Qualcomm, the San Diego-based company designing chips that power smartphones, laptops, virtual reality headsets and next-generation cars, acquired a Vietnamese startup for its generative ...

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 ...