Nvidia Invests $90M in AI Startup Synthesia, Making it a Unicorn
- Synthesia, a London AI firm focused on video production, raised $90 million led Accel and Nvidia's venture arm at a $1 billion valuation.
- Synthesia's software allows companies to create custom AI avatars for corporate videos without the need for filming equipment or actors.
- Synthesia works with over 50,000 businesses and major brands like Tiffany's and Moody's Analytics.
- The new funding will support Synthesia's growth and continued AI research to make avatars more expressive and capable.
- Although concerned about deepfakes, Synthesia says it keeps ethics in mind and only creates avatars with consent.