Latest news with #VictorRiparbelli
Yahoo
3 days ago
- Business
- Yahoo
Synthesia CEO Riparbelli on Tech Opportunities in Europe
Synthesia CEO Victor Riparbelli says ongoing political tension has created better opportunities for entrepreneurs to build companies as focus shifts away from regulation and into the technology and defense sectors. He speaks with Bloomberg's Tom Mackenzie at the Founders Forum in Oxfordshire. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
3 days ago
- Business
- Bloomberg
Synthesia CEO Riparbelli on Tech Opportunities in Europe
Synthesia CEO Victor Riparbelli says ongoing political tension has created better opportunities for entrepreneurs to build companies as focus shifts away from regulation and into the technology and defense sectors. He speaks with Bloomberg's Tom Mackenzie at the Founders Forum in Oxfordshire. (Source: Bloomberg)
Yahoo
25-04-2025
- Business
- Yahoo
Adobe Invests In $2.1B AI Unicorn Synthesia As OpenAI's Sora Competes In The Race For AI-Generated Video Dominance
Synthesia, a London-based artificial intelligence startup valued at $2.1 billion and specializing in AI-generated video avatars, has recently secured a strategic investment from Adobe Ventures, according to CNBC. While the exact financial terms were not disclosed, the partnership underscores Adobe's commitment to pioneering technologies that are set to redefine video production. Nvidia (NASDAQ:NVDA) also joined the roster of high-profile investors in Synthesia, further validating the startup's role in shaping the future of AI video technology. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Hasbro, MGM, and Skechers trust this AI marketing firm — . Founded in 2017, Synthesia has rapidly emerged as a leader in the generative AI space, offering a platform that enables businesses to create lifelike video avatars for various applications, from corporate training to marketing. The company's approach has attracted a clientele that includes over 70% of the Fortune 100, highlighting its significant impact on enterprise communications. According to Maginative, Synthesia announced a $180 million Series D funding round in January, elevating its valuation to $2.1 billion. This milestone not only positioned Synthesia as the most valuable generative AI media firm in the UK but also signaled growing investor confidence in the potential of AI-driven video solutions, The Times of London reported. Victor Riparbelli, CEO and co-founder of Synthesia, expressed his enthusiasm about the partnership. 'We are incredibly proud to announce these milestones. Reaching $100 million in ARR underscores the significant value and impact our AI video platform and solutions bring to enterprises and the shared determination of our team to build a generational software business," he said in a statement earlier this month. "The Adobe Ventures investment represents a powerful endorsement of our vision for enterprise-grade video communications, enabling us to deliver even greater innovation and customer value.' Trending: BlackRock is calling 2025 the year of alternative assets. Synthesia's platform generates high-quality videos without the need for traditional filming equipment or actors. Users can create personalized avatars, either by recording themselves or selecting from a library of pre-designed characters, streamlining the video production process and reducing associated costs. The company's growth has been fueled by continuous innovation and a keen understanding of enterprise needs. Features such as AI-powered localization, live collaboration tools, and an AI screen recorder have made Synthesia's platform a comprehensive solution for businesses aiming to enhance their communication strategies. While Synthesia has achieved significant milestones, it operates in a competitive landscape. OpenAI's introduction of Sora, a text-to-video model capable of generating realistic video clips based on user prompts, represents a notable entrant in the AI video space. However, Synthesia's focus on enterprise solutions and its established customer base provide it with a distinct its impressive growth and technological advancements, Synthesia has demonstrated a strong commitment to ethical AI practices, according to Time. Recognizing the potential for misuse of AI-generated content, the company has implemented stringent verification processes to prevent the unauthorized creation of avatars. Users are required to provide explicit consent and undergo identity verification before generating personalized avatars, ensuring that individuals' likenesses are protected from exploitation. This approach has positioned Synthesia as a responsible leader in the AI industry, balancing innovation with accountability. Looking ahead, Synthesia plans to expand its offerings by introducing AI agents that allow for real-time video interactions, further blurring the lines between human and AI-generated content. This development aims to enhance user engagement and open new avenues for personalized communication. Read Next: Here's what Americans think you need to be considered wealthy. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? NVIDIA (NVDA): Free Stock Analysis Report This article Adobe Invests In $2.1B AI Unicorn Synthesia As OpenAI's Sora Competes In The Race For AI-Generated Video Dominance originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
17-02-2025
- Business
- Yahoo
Adobe Inc. (ADBE) Launches Firefly Video Model to Compete in AI-Generated Video Market
We recently compiled a list of the . In this article, we are going to take a look at where Adobe Inc. (NASDAQ:ADBE) stands against the other AI stocks. Europe is back and means business in the artificial intelligence race. That's the sentiment echoed at the Artificial Intelligence Action Summit in Paris as France President Macron touted a $112.8 billion investment in AI. The massive investment comes as four of the biggest US tech giants plan to spend $325 billion to further strengthen their AI ambitions in 2025. France's $112.8 billion underscores Europe's desire to take on the US and China, which have dominated the AI debate on innovations and investment in recent years. For starters, the US is receiving praise as part of the $500 billion Stargate project as China appears to have an edge on innovation following DeepSeek's revelation of cost-effective AI models. Critics of Europe have long argued that the continent has overregulated the tech sector, hindering innovation. Nevertheless, some in the technology sector believe that Europe is headed in the right direction, even though that perception hasn't completely changed. "As a European region, at least, we are starting to see global leaders emerge, and that's the thing we really need," Victor Riparbelli, CEO of AI video company Synthesia, told CNBC in an interview on Monday. While there appears to be a tussle or fierce competition between nations to spearhead the AI revolution, China has made it clear that it is willing to work with other countries. Beijing insists it is willing and ready to promote development, safeguard security, and share achievements in the field of artificial intelligence. According to Chinese President Xi Jinping's special representative, Zhang Guoqing, AI has become an essential driving force for the new round of scientific and technological revolution and industrial transformation. China has always participated in global cooperation and governance on AI with a highly responsible attitude. Corporations between nations instead of competing against each other to control the spoils are key to unlocking the full advantages of the AI revolution. Likewise, economists at Goldman Sachs expect widespread adoption of generative AI to raise US labour productivity by 15% over the next 10 years. It is also likely to unlock about $4.5 trillion in annual US GDP. AI economic benefits are anticipated to flow to hardware and infrastructure providers early on. Later, they will spread to platform and application developers, and finally, they will manifest as increases in productivity and efficiency throughout the industry as a whole. According to the Goldman Sachs team, the US AI investment cycle will peak at 2% of GDP before declining as the compute costs of running AI queries and training AI models decline. Investment in AI software was expected to rise gradually over time as end-user adoption rose. According to the Goldman Sachs team's projections, the US will begin to see productivity gains from generative AI technology in 2027, with the impact peaking in the early 2030s. According to these projections, the US timeline is a few years ahead of other developed markets and important emerging market nations. "Given that potential cost savings from generative AI are large and the marginal cost of deployment once applications are developed will likely be very small, we see the adoption of generative AI as more of a question of 'when' rather than 'if," Joseph Briggs, co-leader of the Global Economics team. According to Briggs, the kinds of work tasks that generative AI can automate would save several thousand dollars annually per worker, and Goldman Sachs Research continues to predict that AI adoption will increase in the medium term. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). A team of engineers and scientists collaborating at a workstation surrounded by their applications and Inc. (NASDAQ:ADBE) is a software infrastructure company that offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content. On February 12th, Adobe Inc. (NASDAQ:ADBE) released the Firefly Video Model, an AI tool for generating video clips, to compete with models from OpenAI, Runway, and Meta Platforms. The tool integrates with Premiere Pro and generates five-second clips at 1080p resolution, with pricing set at $9.99 for 20 clips per month and $29.99 for 70 clips per month. Premium pricing for studios will be announced later. Alexandru Costin, Adobe's vice president of generative AI, emphasized quality over clip length: "We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that's unusable." Overall ADBE ranks 1st on our list of the trending AI stocks. While we acknowledge the potential of ADBE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than ADBE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap. Disclosure: None. This article is originally published at Insider Monkey.
