#synthesiaio
Synthesia, a UK-based AI startup, has raised $90 million in a funding round led by venture capital firms Accel and Nvidia’s NVentures, reaching a valuation of $1 billion. The startup’s technology assists over 50,000 businesses, including Amazon, in creating custom AI avatars for instructional and corporate videos. Despite concerns surrounding the potential misuse of such technology for creating deepfakes, Synthesia ensures that avatars are only created of individuals who have given their consent. The investment in Synthesia stands out amid a general slowdown in funding due to rising interest rates and high inflation.
https://finance.yahoo.com/news/ai-startup-synthesia-gains-unicorn-133516260.html