OCTOBER 24, ACCORDING TO BLOOMBERG, AI VIDEO Higgsfield AccessNvidiaandfundingInstitutions TCV INVESTMENTS TO EXPAND GLOBAL INFRASTRUCTURE AND RECRUITMENT. THIS INVESTMENT WAS ADDED TO THE COMPANY'S B ROUND FINANCING IN AUGUST。
Higgsfield was founded in 2023 by former Snap executive Alex Mashrabov and AI engineer Yerzat Dulat, with headquarters in San Francisco and most of the engineers in Kazakhstan. According to the company, the platform has over 40 million registered users。
THE PLATFORM INTEGRATES ITS OWN AI ENGINE WITH APPROXIMATELY 35 THIRD-PARTY VIDEO MODELS, WHICH CAN BE USED BY CREATORS TO CREATE SPECTROSCOPES, ROLE DESIGNS, AUDIO AND FINAL FILM SELECTIONS, AND TO COMBINE DIFFERENT MODELS. TCV STATES THAT IT SEES THIS AI CONTENT PRODUCTION PROCESS FOR CREATORS, BRAND MARKETERS AND AGENTS。
Young Weida CEO Wong In-hoon stated at an event in Astana, Kazakhstan, that Higgsfield had evolved from producing short clips to producing longer, physical and time-consistent videos, and that progress in reasoning and smart system had enabled the video to develop a coherent narrative。