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.

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.

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 ...

On Wednesday, Nvidia NVDA completed the acquisition of Gretel, a synthetic data startup ... xAI Join BlackRock, Microsoft Led AI Infrastructure Partnership Founded in 2020, Gretel is the ...

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 ...

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 ...

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 $ ...

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 ...