Higgsfield, a generative AI video startup, has raised $80 million at a $1.3 billion valuation to enhance its AI-driven video production services. The funding will support enterprise growth and further development of its platform, which enables users to create high-quality videos without advanced technical skills.

Synthesia, a UK-based startup specializing in AI-generated video avatars, has received a strategic investment from Adobe Ventures after achieving over $100 million in annual recurring revenue. This partnership highlights Adobe's focus on expanding its enterprise AI video tools while Synthesia continues to serve major corporations and develop new products despite currently being unprofitable.