Higgsfield announced Monday that it has raised a $400 million Series B at a $5.4 billion valuation. This new round is just eight months after nabbing a $1.3 billion valuation . Higgsfield, founded by former Snap exec Alex Mashrabov in 2023, lets users create AI images and videos. It made headlines this past year for premiering AI-generated movies at both Cannes and in New York. It has tools like the Cinema Studio to help filmmakers direct AI films and the Marketing Studio for marketing and adve…
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