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xAI acquires AI video startup Hotshot (TSLA:NASDAQ)
- Generative artificial intelligence company xAI has acquired AI video generator Hotshot, the startup announced on Monday.
- “Over the past 2 years we’ve built 3 video foundation models as a small team – Hotshot-XL, Hotshot Act One, and Hotshot,” Hotshot Chief Executive Officer Akash Sastry
