AI Giant Nvidia Invests in Entertainment Startup Higgsfield

By Corbin Bolies

Corbin Bolies

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Higgsfield, the AI video and image generation company dabbling across both marketing and entertainment spaces, extended its Series B funding round with new investments from Nvidia and the investment firm TCV.

The San Francisco-based company announced the investments as Nvidia CEO Jensen Huang visited Kazakhstan on Friday, where much of Higgsfield’s founding team hails from. The investments, the amounts of which the company declined to disclose, come after Higgsfield announced its initial Series B funding round in August with investments from DST Global, Goldman Sachs Alternatives, Tribe Capital, AI Capital Partners, Smash Capital, GFT Ventures and Valor Capital. That round raised $400 million at a $5.4 billion valuation, and Higgsfield said it hit $1 billion in annualized revenue in September.

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