AI video startup Higgsfield eyes $1 billion in annual sales

Higgsfield Inc., an AI video startup founded by a former Snap executive, said it is on track to generate annualized revenue of more than $1 billion based on current performance. The company cited growing business adoption of AI-generated video.

• Higgsfield was founded by a former Snap executive
• Annualized revenue is projected above $1 billion
• Growth is driven by business demand for AI video