Intel CorporationIntel invested in Higgsfield as part of its broader AI strategy, a financial investment.
Goldman Sachs and Intel have both invested in AI video startup Higgsfield, which raised $400 million at a $5.4 billion valuation, as reported by the Financial Times on August 17. The two-year-old company, which focuses on AI-generated marketing videos, has seen its annualized revenue surge to $700 million in August from $20 million a year earlier, with business revenue now making up the majority of sales. Goldman Sachs invested through its Equity Growth fund, while Intel's backing is part of its broader AI strategy beyond hardware. However, the investment carries risks, as the technology has unsettled parts of Hollywood over its impact on creative jobs.
Intel CorporationIntel invested in Higgsfield as part of its broader AI strategy, a financial investment.
Microsoft Corporation
Goldman Sachs Group IncGoldman Sachs invested in Higgsfield through its Equity Growth fund, a financial investment.
Shell plcHiggsfield raised $400 million at a $5.4 billion valuation, a financing event.