Musk's xAI acquires AI video generation startup

Crypto 7x24

2025-03-18 08:16:14

7768

Online reports that Musk's xAI has officially acquired AI video generation startup Hotshot, which focuses on developing artificial intelligence video generation technologies similar to OpenAI Sora. Hotshot said on its website that it will stop new video production services starting March 14, and it is unclear whether all Hotshot employees will join xAI.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

golden afternoon newspaper| A list of important developments at noon on March 18
12:20
Macquarie: Trump's economic policies could trigger a U.S. stock market crash
12:20
Analysis: Large-scale liquidation of Bitcoin leveraged positions can be regarded as a natural reset of the market and a critical stage in maintaining the continuation of the bull market
12:19
The US spot Ethereum ETF had a net outflow of $7.3 million yesterday
12:19
Law firm Burwick Law has filed a lawsuit against Kelsier, KIP, Meteora and related parties over the LIBRA token issuance
12:18
Dragonfly executives: Ethereum Foundation should shift its focus from research-driven to promoting project development and investment
12:17
"Hyperliquid 20 times short BTC giant whale" has closed all 512.64 short BTC orders this morning, making a cumulative profit of US$6.21 million in half a month
12:16
Wazirx plans to restart with the support of Zodia Custody
12:16
Sanitation: The number of active addresses in Dogcoin exceeds 150,000, a record high since November last year
12:15
Binance Leverage will remove multiple leveraged trading pairs such as ALPHA\u002FBTC and CTXC\u002FBTC
12:15
Spot gold stood at US$3010\u002F ounces, continuing to hit a record high
12:14
4E: U.S. stocks continue to rebound, and the encryption market fluctuates within a narrow range
12:14
Vitalik sells 5000 DHNs, or about $126,000
12:13
Bedrock launches uniBTC one-click deposit function, supported by Enso
12:13
Analysts: Macroeconomic concerns and worsening liquidity conditions may improve in the next quarter, and Bitcoin prices may bottom out in a few weeks
12:12
In the past 14 hours, two addresses have been hit by a "transaction history pollution attack", resulting in a total loss of more than US$140,000
10:19
South Korean financial regulator imposes 0.6% regulatory fee on crypto exchanges
10:19
Metaplanet announced the issuance of 2 billion yen zero-coupon ordinary bonds to purchase more bitcoin
10:18
Sonic questioned and satirized the voting result of "Cronos proposal to restore 70 billion CROs that have been destroyed"
10:18
Cumberland SG Pte.Ltd. has been approved in principle for a licence from the Monetary Authority of Singapore
10:17
The US spot Bitcoin ETF had a net inflow of $274.59 million yesterday
10:17
The US SEC Cryptocurrency Working Group will hold its first roundtable meeting this week
10:16
MyShell: 8 million USDTs will be used for SHELL repurchase program, which will be executed within 90 days
10:16
Yesterday, FBTC net inflow was $127.3 million
10:16