On March 18, according to TechCrunch, Elon Musk's xAI has officially acquired the AI video generation startup Hotshot, which focuses on developing artificial intelligence video generation technology similar to OpenAI Sora. Hotshot has stated on its website that it will cease its new video production services starting from March 14, and it is currently unclear whether all Hotshot employees will join xAI.
Musk's xAI acquires AI video generation startup
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