PixVerse Secures $60 Million Series B Funding to Boost AI Video Creation Globally
PixVerse's Major Funding Round: Driving AI Video Forward
PixVerse, a revolutionary AI video platform with a massive user base of over 100 million people worldwide, has successfully raised $60 million in Series B funding. The round was spearheaded by Chinese tech giant Alibaba, with participation from Antler, a new venture firm. This new capital aims to accelerate the adoption of AI video creation tools, enabling users—from creators and businesses to everyday individuals—to craft high-quality videos more quickly and easily than ever before.
Market Potential and Community Support
In a statement, PixVerse emphasized that this funding not only highlights the vast potential within the AI video market but also serves as a testament to the trust they have built with their expanding global community. Over the past couple of years, an astonishing figure of more than 100 million users have transformed their creativity into compelling video content on the PixVerse platform. This rapid growth continues to fuel the company's ambition to push the boundaries of what is achievable in video generation technology.
The Latest Advances in Video Technology
The announcement coincides with the launch of PixVerse's latest model, dubbed PixVerse V5, which comes equipped with a revolutionary feature referred to as the
Topics Consumer Technology）
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