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Valuations of generative artificial intelligence startups appear to be coming down—slightly.
The latest example is Synthesia, which helps companies create AI videos. It’s raising $150 million in funding at a valuation of $2.1 billion after the investment, double its valuation from 17 months ago, according to a person involved in the deal. While the valuation may seem high, it’s actually far lower than valuations many startups were getting earlier this year and last year, as a multiple of their revenue.
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Valuations of generative artificial intelligence startups appear to be coming down—slightly. The latest example is Synthesia, which helps companies create AI videos. It’s raising $150 million in funding at a valuation of $2.1 billion after the investment, double its valuation from 17 months ago, according to a person involved in the deal. While the valuation may seem high, it’s actually far lower than valuations many startups were getting earlier this... Read more ›
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Most popular sources
Business Insider | 38% 36 |
Tom's Hardware | 7% 2 |
Ars Technica | 6% |
The Verge | 5% 4 |
Gizmodo | 5% 4 |
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18.11.2024 23:16
Last update: 23:05 EDT.
News rating updated: 06:10.
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