Dossier
Accel
Coverage of Accel in the Nexus archive.
- Move over, Cursor. This AI video startup is having its own breakout moment
Higgsfield, a San Francisco-based AI video startup, reported a $500 million revenue run rate, doubling from last year and achieving cash-flow positivity. The company competes with AI startups like Cursor and Lovable, emphasizing ease of AI media creation for non-technical users and partnerships with 390 Fortune 500 companies.
- Accel raises $5B to back late-stage bets
Accel, a venture capital firm, raised $5 billion in fresh capital to invest in late-stage companies developing AI technologies. The funding aims to support AI-driven innovations at advanced development stages.