a startup specialising in AI-powered video generation tools. This acquisition is set to bolster xAI's position in the generative AI market and enhance its Grok chatbot platform with potential new ...

It’s really important for robotics to be as open source as possible,” says Clément Delangue, chief executive of Hugging Face.

Elon Musk said he borrowed the name from a 1960s science fiction novel, but another AI startup applied to trademark it before xAI launched its chatbot. Using several recent innovations ...

Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at... – Elon Musk (@elonmusk) March 28, 2025 Meanwhile ...

Elon Musk’s AI company xAI has acquired two-year-old AI video startup Hotshot ... Hotshot has been exploring advanced generative models in video to change the way content is created.

In terms of xAI, Elon’s AI startup has grown at a rapid rate, and now matches the compute power of OpenAI, giving it significant capacity to compete in the broader AI race. xAI has raised over $ ...

while generative AI startup Anthropic was valued at $61.5 billion in a deal that closed this month. In addition to running Tesla, SpaceX and xAI and overseeing X, Musk has spent much of his time ...

Elon Musk already owned it and he currently owns xAI. Musk had already been injecting AI content into X with programs like Grok, a generative AI model that exists within the app.

The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). I think this means xAI is valued at $113 billion after the acquisition. Since its founding two years ago, xAI has ...

He launched xAI the following year to compete with OpenAI in the large language model market. The AI startup went on to raise more than $12 billion in funding over multiple rounds. Recent reports ...