On October 23, AI video startup Higgsfield Inc., founded by former Snap executives, announced that it has secured investments from NVIDIA and TCV. The funding will be used for global infrastructure development and talent recruitment to meet growing market demand. Higgsfield is headquartered in San Francisco, with most of its engineering talent based in Kazakhstan. The funding announcement coincides with NVIDIA CEO Jensen Huang's visit to the country. This funding round is an extension of the Series B round in August, which was led by DST Global and raised $400 million, valuing the company at $5.4 billion. Higgsfield did not disclose its latest valuation or the specific amount raised in this round.
