Elon Musk’s AI corporate, xAI, has received Hotshot, a startup running on AI-powered video era equipment alongside the traces of OpenAI’s Sora.
Aakash Sastry, Hotshot’s CEO and co-founder, introduced the scoop in a submit on X on Monday.
“During the last 2 years we’ve constructed 3 video basis fashions as a small group — Hotshot-XL, Hotshot Act One, and Hotshot,” Sastry wrote. “Coaching those fashions has given us a glance into how international schooling, leisure, conversation, and productiveness are about to modify within the coming years. We’re excited to proceed scaling those efforts at the biggest cluster on the earth, Colossus, as part of xAI!”
Hotshot, which is primarily based in San Francisco, used to be based a number of years in the past by means of Sastry and John Mullan. The startup to start with considering growing AI-powered photograph introduction and enhancing equipment, however sooner or later pivoted in desire of text-to-video AI fashions.
Some information – We’re excited to announce that @HotshotSupport has been received by means of @xAI
During the last 2 years we’ve constructed 3 video basis fashions as a small group – Hotshot-XL, Hotshot Act One, and Hotshot.
Coaching those fashions has given us a glance into how international schooling,… %.twitter.com/W4rmYUxnMR
— Aakash (@aakashsastry) March 17, 2025
Hotshot controlled to draw investments from VCs together with Lachy Groom, Reddit co-founder Alexis Ohanian, and SV Angel previous to its go out. The corporate by no means publicly disclosed the dimensions of its investment rounds.
xAI’s acquisition of Hotshot may just point out that the previous plans to construct its personal video era fashions to compete with the likes of Sora, Google’s Veo 2, and others. Musk has up to now hinted that xAI is growing video-generating fashions so as to add to its Grok chatbot platform. Throughout a livestream in January, Musk mentioned that he expects a “Grok Video” style to be launched “in a couple of months.”
Hotshot mentioned on its website that it all started sunsetting new video introduction on March 14. Present shoppers may have till March 30 to obtain movies they’ve created the use of the platform, the corporate added.
It wasn’t right away transparent whether or not all the Hotshot team of workers could be becoming a member of xAI. Sastry declined to remark.
hotshot,Mergers and Acquisitions,xAI
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