The fast-growing generative video startup Higgsfield AI has raised an $80 million Series A extension, lifting its total Series A financing to more than $130 million and valuing the company at over $1.3 billion. Chief Executive Officer Alex Mashrabov said the company has seen rapid commercial adoption of its platform. Higgsfield reported an annual revenue … Read more
The Wikimedia Foundation has signed new commercial agreements with major artificial intelligence companies including Microsoft, Meta, Amazon, Perplexity and Mistral AI, part of an effort to help offset the rising infrastructure costs tied to AI training on the volunteer-run encyclopedia. The deals will allow AI platforms to access Wikipedia’s structured content at scale through the … Read more
Samsung Electronics plans to double the number of its mobile devices equipped with artificial intelligence features to about 800 million this year, expanding the reach of its Galaxy AI platform as competition intensifies among global technology companies. The South Korean electronics giant had deployed Galaxy AI capabilities across roughly 400 million smartphones and tablets by … Read more
OpenAI has rolled out a major update to its image generation tools, sharpening precision and consistency as enterprises increasingly rely on AI-generated visuals for design and branding. The update, branded GPT Image 1.5, is available to all ChatGPT users and through OpenAI’s API. The company said the model is powered by GPT-5.2, which early users … Read more