Acquisition AI News & Updates – Page 2

2025-03-17 18:29 [Industry Trend] [SRC↗]

Elon Musk's xAI Acquires Hotshot to Accelerate Video Generation Capabilities

Elon Musk's AI company, xAI, has acquired Hotshot, a startup specializing in AI-powered video generation technologies similar to OpenAI's Sora. The acquisition positions xAI to integrate video generation capabilities int...

[Multimodal AI] [xAI] [Acquisition] [Generative Video] [Grok]

Risk: [+0.04% ↑] [-1 days ↑]

AGI: [+0.04% ↑] [-1 days ↑]

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2025-02-14 15:45 [Industry Trend] [SRC↗]

Musk Makes $97.4 Billion Bid for OpenAI, Altman Dismisses Offer

Elon Musk has reportedly made a $97.4 billion bid to acquire OpenAI, which would be one of the largest tech acquisitions in history. OpenAI CEO Sam Altman quickly dismissed the offer, responding with a suggestion he coul...

[OpenAI] [Elon Musk] [Sam Altman] [Acquisition] [AI Industry Conflict]

Risk: [+0.01% ↑] [0 days]

AGI: [0%] [0 days]

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2025-02-13 20:00 [Industry Trend] [SRC↗]

Musk-Led Consortium Offers $97.4 Billion to Buy OpenAI Amid Legal Battle

Elon Musk and investors have offered $97.4 billion in cash to acquire OpenAI, with the bid expiring in May 2025. The offer comes amid Musk's lawsuit attempting to block OpenAI's conversion from nonprofit status, with his...

[OpenAI] [AI Governance] [Elon Musk] [Acquisition] [Legal Dispute]

Risk: [+0.04% ↑] [0 days]

AGI: [0%] [0 days]

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2025-02-10 21:29 [Industry Trend] [SRC↗]

Elon Musk Leads $97.4 Billion Bid to Purchase OpenAI, Promising Return to Open Source Roots

Elon Musk, along with investors including his AI company xAI, has submitted an unsolicited $97.4 billion bid to purchase OpenAI. Musk, who co-founded OpenAI in 2015 and is currently in legal disputes with the company, cl...

[OpenAI] [Open-Source AI] [xAI] [Elon Musk] [Acquisition]

Risk: [+0.03% ↑] [0 days]

AGI: [+0.01% ↑] [0 days]

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