AI Video Startup Higgsfield Raises $400 Million at $5.4 Billion Valuation

AI video and image generation platform Higgsfield raised $400 million in a Series B round, valuing the company at $5.4 billion—a fourfold increase from its Series A. Led by DST Global, the round included participation from Goldman Sachs Alternatives and Intel Capital. The company reports an annualized revenue of $700 million and over 30 million users globally.