Musk's xAI Acquires AI Video Generation Startup

BlockBeats News, March 18th, according to TechCrunch report, Elon Musk's xAI has officially acquired AI video generation startup Hotshot, which focuses on developing AI video generation technology similar to OpenAI's DALL-E. Hotshot announced on its website that it has stopped new video production services as of March 14th, and it is currently unclear whether all Hotshot employees will join xAI.