Market Chatter: Intel, Goldman Sachs Among Backers of Higgsfield's $400 Million Funding Round

MT Newswires Live
Aug 17

Intel (INTC) and Goldman Sachs Group (GS) are among the investors in artificial intelligence video generation platform Higgsfield's recent $400 million funding round, pushing its valuation to $5.40 billion, the Financial Times reported Monday.

Other investors include DST Global, Liberty Global, Tribe Capital and Smash Capital, among others, according to the report.

The new funds will be used to back Higgsfield's "move upmarket," Higgsfield founder Alex Mashrabov told the financial times.

Higgsfield, Intel and Goldman Sachs did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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