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