AI avatar video platform Synthesia raises $180 million

Synthesia, a company that helps businesses create AI-generated videos and avatars, just secured $180 million in Series D funding. Since its founding in 2017, the platform has grown to serve more than half of Fortune 100 companies, producing millions of minutes of AI-generated video content each month. The company plans to use its fresh funding to develop new features that combine AI avatars with large language models, along with rolling out a new video player. The company says these upgrades will allow customers to create more interactive and personalized video content.