News from the AI & ML world
DeeperML
Ashutosh Singh@The Tech Portal
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Elon Musk's xAI has acquired Hotshot, a startup specializing in AI-powered video generation. Hotshot, founded by Aakash Sastry and John Mullan, has developed three video foundation models: Hotshot-XL, Hotshot Act One, and Hotshot. The move signals xAI's intention to enter the AI video generation market, potentially competing with OpenAI's Sora and Google's Veo 2.
The acquisition will see Hotshot's models scaled on xAI's supercomputer, Colossus, which utilizes a vast number of Nvidia chips. Hotshot trained its models on 600 million video clips, employing techniques like neural networks for automatic captioning and the bfloat16 data format to accelerate AI training. The company discontinued new video creation on March 14, 2025, and allowed existing users to download their content until March 30.
ImgSrc: thetechportal.c
References :
The acquisition will see Hotshot's models scaled on xAI's supercomputer, Colossus, which utilizes a vast number of Nvidia chips. Hotshot trained its models on 600 million video clips, employing techniques like neural networks for automatic captioning and the bfloat16 data format to accelerate AI training. The company discontinued new video creation on March 14, 2025, and allowed existing users to download their content until March 30.
ImgSrc: thetechportal.c
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References :
- SiliconANGLE: XAI acquires AI video generation startup Hotshot
- THE DECODER: Elon Musk's AI company xAI buys AI video generation startup Hotshot
- The Tech Portal: Musk’s xAI acquires gen-AI video startup ‘Hotshot’ to compete with OpenAI’s Sora and Google’s Veo 2
- Maginative: xAI Buys Hotshot, a Startup Working on AI-Generated Video