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 the deal today in a post on X. The financial terms were not detailed. The company previously raised an undisclosed amount of funding from Reddit Inc. co-founder Alexis Ohanian, SV Angel and other investors.
Hotshot, officially Natural Synthetics Inc., launched in 2023 with an AI-powered image…
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https://siliconangle.com/2025/03/17/xai-acquires-ai-video-generation-startup-hotshot/
