2 stories

Business

Higgsfield says its sales now run above $1 billion a year

The AI video startup multiplied its last four weeks of revenue by 13.

Higgsfield, which makes AI tools for video, told Bloomberg on September 24 that its annualized revenue run rate has passed $1 billion. The company calculates it from its latest four weeks of revenue. Demand is strongest from brands that make video ads, Bloomberg reports.

Robotics

Europe has a new AI and robotics pipeline

The test is whether research reaches real factories.

The EIT programme plans to support founders, fund scale-ups, and connect robotics teams with industry through 2028. Its targets are useful, but they are goals rather than delivered products.