AI video avatar platform Synthesia raises $50 million in venture capital
Information about AI video avatar platform Synthesia raises $50 million in venture capital
Kevin David Scam or Legit
By Jane Lanhee Lee
(Reuters) – Synthesia, a London-based artificial intelligence startup that creates video avatars of real people, said on Wednesday it raised $50 million from Silicon Valley venture capital firm Kleiner Perkins and GV, formerly known as Google Ventures, and other investors.
An increasing number of startups are creating such synthetic media and as they become more lifelike, funding is following.
For the announcement of the funding, Synthesia created a video on its platform that incorporates the technology.
The funding will be used to accelerate the company’s growth and improve the technology, Synthesia said in a statement.
While there are concerns that such technology could be used for creating deep fakes, Victor Riparbelli, co-founder and …