Nvidia and TCV reportedly invest in Higgsfield's Series B extension

Higgsfield said Nvidia and TCV invested in an extension of its Series B funding round, according to Bloomberg's AI-labeled summary of Sohee Kim's report. The AI video startup said the funding would help pay for global infrastructure and hiring.

The extension follows an August round that raised $400 million at a $5.4 billion valuation, led by DST Global, according to the Bloomberg summary. Those figures describe the August round; the summary gives no amount or valuation for the extension. Bloomberg also reports that Higgsfield markets its service to brands and creators generating media at scale and says it has more than 40 million registered users.

The places the announcement during Nvidia CEO Jensen Huang's visit to Kazakhstan, where it says most of Higgsfield's engineering talent is based. In a , @alexmashrabov wrote that “@jensenhuang and NVIDIA just invested in Higgsfield.” Bloomberg's summary identifies Nvidia and TCV as investors but does not say Huang invested personally. @alexmashrabov also argued that competition among foundation-model developers benefits Higgsfield's customers and that the company's competitive advantage lies in “ownership of demand.”