Hotshot is a New York-based startup that provides a generative AI platform that enables users to develop text-to-video content. Hotshot can generate up to 10 seconds of 720p video footage from text prompts and can generate videos in a variety of styles, including animations similar to comic books or rotoscoped video.
The company’s initial text-to-video model “Hotshot-XL,” can generate 1-second 8fps videos and is available as an open-source model. Hotshot-XL is used by 20,000 users per month.
In August 2024, Hotshot launched an early preview of its text-to-video model, enabling users to generate up to two videos per day for free. The company plans to launch extensions to technology to facilitate longer durations, higher resolutions, and additional modalities including audio.
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