Nvidia-backed platform that turns text into AI-generated avatars raises valuation to $1 billion

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AI-powered video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively. The round, which values ​​the company at $1 billion, was led by venture capital firm Accel and backed by US chipmaker Nvidia. Synthesia will use the money to invest in artificial intelligence research, advancing on partnerships with leading colleges … Read more