Elon Musk’s AI, Xai, has acquired Hotshot, a startup company that works on behalf of Openai’s Sura.
Aakash Sastry, CEO of Hotshot and co -founder, The news was announced In the publication of x on Monday.
“Over the past two years, we have built 3 models as a small team-Hotshot-XL, Hotshot Act One and Hotshot.” “We have given us the training of these models a look at how to teach the world, entertainment, communication and productivity about to change in the coming years. We are excited to continue to expand the scope of these efforts on the largest group in the world, Colossus, as part of Xai!”
The Hotshot, based in San Francisco, was established several years ago by Sastry and John Mullan. The startup initially focused on developing and editing images that work in Amnesty International, but eventually it was prepared in favor of models from the text to the video.
Some news – we are excited to announce this Hotshotsupport It was obtained by xi 🚀
Over the past two years, we have built 3 models as a small team-Hotshot-XL, Hotshot Act One and Hotshot.
We have given us training these models a look at how global education, … pic.twitter.com/w4rmyuxnmr
– Aakash (Aakashsastry) March 17, 2025
HotShot managed to attract investments from VCS including Lachy GROOM, co -founder of Reddit Alexis Ohanian, and SV Angel before it comes out. The company publicly did not reveal the volume of financing rounds.
The Xai’s acquisition of Hotshot can indicate that the previous is planning to build its video generation models to compete with the proverbs of Sora, Google’s Veo 2And others. Musk has already hinted that Xai is developing video generator models to add it to its Grok Chatbot platform. During the live broadcast in JanuaryMusk said he expected the “Grok Video” model “within a few months.”
Hotshot He said on his site The company added that the matter began to create new videos on March 14. Existing customers until March 30 will have to download videos they created using the platform.
It was not immediately clear if the entire Hotshot staff would join Xai. Sastry refused to comment.
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