Xai buys Hotshot, a startup that works on AI generate video

The AI ​​company of Elon Musk, Xai, has acquired Hotshot, a startup based in San Francisco that specializes in AI-controlled video generation. The move indicates that XAI is preparing to compete with Openais Sora and Google's Veo 2 and possibly integrate video functions into his GROK chat bot.

Key points:

• Xai has acquired the AI ​​video startup -hotthot, although no financial terms have been disclosed.
• Hotshot has created several Video Foundation models and previously financed by investors such as Alexis Ohian and SV Angel.
• The acquisition corresponds to Musk's earlier indications that Xai is working on the AI ​​Videogeneration.
• The Hotshot models are now scaled on Xais Supercomputer Colossus.

Hotshot was founded by Aakash Sastry and John Mullan and initially concentrated on AI-driven image processing before turning to video generation. The startup developed three videoofundration models hot-hot xl, Hotshot Act 1 and Hotshot-on a data record of 600 million video clips. To improve efficiency, Hotshot has installed a neural network for automatic caption and used the BFLOAT16 data format to accelerate AI training.

Sastry, CEO of Hotshot, announced the acquisition in a post on X and said that his team was “excited to scale these efforts around the world's largest cluster, Colossus, as part of Xai”. Colossus, supercomputer from Xai, currently runs on 200,000 Nvidia chips and will continue to expand this year.

Musk previously indicated that Xai developed video models, whereby a potential publication of “Grok Video” was expected in the coming months. If Xai goes through, it could enter a competitive AI video market, which is dominated by Veo 2 by Openai from Sora and Google. The details of Xais plans remain sparse and the integration of Hotshot models into the infrastructure of Xai, which can accelerate its move to generative video.