Higgsfield Raises $400 Million at $5.4 Billion Valuation
AI video startup Higgsfield raised $400 million in Series B funding at a $5.4 billion valuation as annualized revenue reached approximately $700 million.
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AI video startup Higgsfield raised $400 million in Series B funding at a $5.4 billion valuation as annualized revenue reached approximately $700 million.
Alibaba confirmed it is behind a viral AI video model topping global leaderboards. The reveal highlights its growing role in the AI race.
OpenAI is shutting down its Sora video generation model, citing undisclosed reasons. Reports suggest the product may have been costing up to $15 million per day to operate.
Disney is investing $1 billion in OpenAI and licensing over 200 Disney, Marvel, Pixar and Star Wars characters for user-generated AI video on OpenAI’s Sora platform starting in 2026.