Decart.AI Inc. has secured $100 million in funding, achieving a valuation of $3.1 billion, to enhance its real-time generative AI video platform. Founded in 2023, the company focuses on creating low-cost, high-performance video generation technologies, enabling new applications in gaming, entertainment, and more. With significant backing from notable investors, Decart aims to expand its infrastructure and accelerate its market presence.
Generative AI startup Hedra Inc. has raised $32 million in Series A funding to enhance its platform that enables creators to generate lifelike character videos using text, audio, and image inputs. With over 3 million users and the recent launch of its Character-3 model, Hedra aims to revolutionize storytelling technology for content creators and marketers. The company plans to expand its research and workforce significantly to drive innovation in character video production.