Higgsfield Lands $400M at $5.4B Valuation
Higgsfield has raised a $400 million Series B round that values the company at $5.4 billion, a roughly fourfold jump from the $1.3 billion price tag it carried only eight months earlier. The pace of that increase underscores how quickly investor enthusiasm for AI video generation tools has been building, even as the sector remains young and competitive. The company was founded in 2023 by Alex…
Continue reading →Latest
Runway Becomes Investor With New $10M Startup Fund
The AI video company is putting money behind early-stage startups in AI, media, and world simulation, moving from funded startup to backer of the next wave.
Google Pitches AI Licensing Deals to Studios Suing Over AI
Even as major studios pursue legal action against AI companies over unauthorized use of their content, Google is reportedly approaching Disney, Universal, and Warner Bros. Discovery about licensing their intellectual property for its AI tools.
Runway announced that Kinetix is joining the company to expand its robotics research and commercial ambitions.
Runway announced that Kinetix, a Paris-based research lab, is joining the company to expand its robotics research and commercial ambitions.
ElevenLabs announced a multi-year strategic partnership with Universal Music Group
ElevenLabs announced a multi-year strategic partnership with Universal Music Group, its first with a major label, to build a new AI-powered music platform.