Elon Musk's AI Company Xai purchased Hotshot and started working on Ai-Powered Video Service Tools along the lines of Openai Mortgage.
Aakash Sast Sastry, Hotshot's CEO and co-founder; Announce On a post on X on Monday.
“Over the past two years, the Video Foundation models were built as a small team. About the largest collection of the largest collection of the world. I am excited to get these efforts.
Hotshot based in San Francisco has established a few years ago by Sastry and John Mullan. Startup initially focus on the development of Ai-powered photo creation and editing tools but eventually support text-to-video Ai models.
Some News: We are excited to declare @hotshotsUpport Was purchased by @xai 🚀
Over the past two years, three video foundations are built as a small team – Hotshot-xl, hotshot Act and hotshot.
Training on these models will study how to study global education. pic.twitter.com/w4rmyuxnmr
– Aakash (@aakashsastry) March 17, 2025
Hotshot has attracted investments from VCS, including Reddit Co-Folder Alexis Omenis Omenis Alexis and SV Alel Angel. The company publicly revealed the size of its funding ceremonies.
Purchase of XAI's Hotshot Plans to build plans to build a program to compete with Google, Sora Likes and competitions to compete with Google, Sora Likes and competitions. I see 2And others. XA has hinted that XAI is inventing the video production models inventing the Grok Chatbot platform. During the flow of direct flow in JanuaryMUSK said he hoped to release the “Grok Grok Model” in a few months.
Hotel Said on its site This began to start sunset on March 14th of March 14.
The whole Hotshot employee is not immediately known to enter XAI. declined to comment sastry.