AI Video Startup Higgsfield Raises $400 Million, Valued at $5.4 Billion

Higgsfield, an AI video startup founded in 2023 by former Snap executive Alex Mashrabov, raised $400 million from investors including DST Global, Intel, and Goldman Sachs. The deal values the company at $5.4 billion — four times what it was worth eight months ago. Higgsfield reports $700 million in yearly revenue and says 390 of America's 500 largest companies use its products.