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 ...

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.

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. Nvidia has acquired synthetic data startup ...

Hinting at its other ambitions, xAI recently acquired a generative AI video startup and is in the process of expanding the Memphis-based data center it uses to train and run its various models.

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.

Nvidia (NVDA) recently took part in a $300 million funding round for Runway AI, a New York-based startup ... generative AI. Also, Nvidia joined a $6 billion funding round for Elon Musk‘s xAI ...