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AI firm Synthesia hits $1B valuation with Nvidia support

Synthesia, an AI platform for synthetic media, has raised $90 million, bringing its valuation to $1 billion. The round was led by Accel and included Nvidia and other investors such as Kleiner Perkins, GV, FirstMark Capital and MMC.

Synthesia is a London-based company that applies artificial intelligence to video production. The technology allows users to create digital avatars that can deliver presentations or training videos in multiple languages.

When @vriparbelli and @Stjerrild first used the term "generative video," people just didn't get… pic.twitter.com/y1bQ8OyCBW

— Synthesia 🎥 (@synthesiaIO) June 13, 2023

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