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Announced

Completed

xAI Corp completed the acquisition of Hotshot for $50m.

Synopsis

xAI Corp, an American public-benefit corporation working in the area of artificial intelligence, completed the acquisition of Hotshot, a startup specializing in AI-powered video generation tools, for $50m.

Principals

HOTSHOT

target

HOTSHOT

Xai Corp

bidder

Xai Corp

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MergerLinks - xAI Corp completed the acquisition of Hotshot for $50m.