Higgsfield, the AI video powerhouse spun off from Snap, just smashed records with a $400M funding round, catapulting its valuation to $5.4B — up from $1.3B just eight months ago. Founded in 2023, the company’s already showing off AI-generated films at Cannes and NY, with tools like Cinema Studio and Marketing Studio powering 300M users and $700M in annual revenue. Now working with nearly 400 Fortune 500 brands, the founder believes AI video will become a daily creative staple. The fresh cash will fuel hiring, product development, and massive compute needs — one minute of video demands the power of 60,000 words. DST Global led the round, joined by Goldman Sachs Alternatives, Valor Capital, and Tribe Capital, signaling a massive bet on the future of AI video.
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