Nvidia invests in Kazakh AI video startup Higgsfield, valuation hits $5.4 billion
Nvidia announced an investment in Higgsfield, an AI video‑generation startup based in Kazakhstan, during CEO Jensen Huang’s visit to Astana on Oct. 23. The amount was not disclosed and is described as an extension of Higgsfield’s $400 million Series B round raised in August. That round was led by DST Global and included investors such as TCV, Goldman Sachs Alternatives Growth Equity, Tribe…
Key points
- Nvidia invested in Higgsfield; amount undisclosed, extending its August $400 million Series B round.
- Higgsfield’s valuation rose to $5.4 billion, with $700 million revenue and over 30 million users.
- Founders Yerzat Dulat and Alex Mashrabov run a team averaging 25 years old, per Kazakhstan’s deputy prime minister.
Higgsfield’s valuation more than quadrupled in about six months to $5.4 billion, driven by demand for AI‑generated content in marketing, advertising and media. The company reports $700 million in annualized revenue and a global user base exceeding 30 million. Founders Yerzat Dulat and Alex Mashrabov lead a young engineering team with an average age of 25, according to Kazakhstan’s Deputy Prime Minister and Minister of Artificial Intelligence Zhaslan Madiyev.
NVIDIA Backs AI Startup Higgsfield as Huang Visits Kazakhstan
astanatimes.com · 23 October 2026
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