Nvidia backs AI video startup Higgsfield in $400 million round
Nvidia and venture firm TCV participated in an extension of Higgsfield Inc.'s $400 million Series B financing, which values the AI video‑generation company at $5.4 billion. The investment was announced while Nvidia CEO Jensen Huang was in Astana, Kazakhstan, where he highlighted the country's $10 billion AI infrastructure plan. Higgsfield reported annualized revenue of $700 million and a global user base exceeding 30 million. The amount Nvidia contributed was not disclosed.
Why it matters
The deal signals Nvidia’s strategic push into AI‑generated content, potentially expanding its ecosystem and driving demand for its GPUs. Nvidia shares rose about 0.6% in pre‑market trading following the announcement, indicating short‑term investor interest.
Key facts
- 1Nvidia and TCV invested in an extension of Higgsfield’s $400 million funding round. astanatimes.com
- 2The round values Higgsfield at $5.4 billion. astanatimes.com
- 3Higgsfield’s annualized revenue had reached $700 million. astanatimes.com
- 4Higgsfield’s global user base had surpassed 30 million. astanatimes.com
- 5Nvidia’s investment amount was not disclosed. astanatimes.com
- 6CEO Jensen Huang visited Astana, Kazakhstan, on Oct. 23, 2026. astanatimes.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.