Fotor Launches One-Stop AI Long Video Platform Clipfly

Translated data: The image editing platform Fotor has officially launched Clipfly, a one-stop AI long-video platform that integrates various AI video generation, enhancement, and editing features to assist users in completing the entire video production process. Clipfly's design philosophy simplifies the video production workflow and combines open-source models to improve the quality of video clips. After six months of development, Clipfly has officially gone live, becoming a global one-stop AI long-video production platform. Meanwhile, AI enterprise software company Jasper has successfully acquired the ClipdropAI image platform, expanding its market share in the AI image processing field, and StabilityAI has alleviated financial pressures.

AI Video Platform Higgsfield Raises $400 Million, Valuation Hits $5.4 Billion: Goldman Sachs and Intel Invest

AI video generation platform Higgsfield secures $400 million in funding from DST Global, Goldman Sachs, Intel, and others, raising its valuation to $5.4 billion, a fourfold increase from its $1.3 billion valuation eight months ago. The company, founded just two years ago, is accelerating its expansion of enterprise subscription business, speeding up commercialization, and aiming for annualized revenue of $700 million. The founder is Alex Mashrabov, former executive at Snapchat.

Volcano Engine Launches Seedance 2.5 API, Video Generation Capabilities Fully Upgraded

Volcengine launches Seedance2.5 API, upgrading instruction following, long narrative, realism, and audio-visual quality over v2.0. It natively supports 30-second video generation, up to 50 multimodal references, precise video editing, and support for 10+ languages. Optimized image quality, sound, lighting, camera movement, and aesthetics, pushing AI content toward cinematic long-form storytelling.....

xAI upgrades Imagine Video 1.5: New Image and Voice Reference Features, and Native 1080p Video Generation

xAI upgrades the video model Imagine Video 1.5 with new image reference, voice reference, text-only video generation, and native 1080p output, enhancing character consistency and scene control. Text-to-video and 1080p features are now available on all platforms of Grok Imagine. Image and voice references are first available to US SuperGrok Heavy/Plus users, with broader coverage planned for the future.

Kling AI Secures $3 Billion in Funding, Valuation Reaches $18 Billion, Setting a Record for Video AI Model Fundraising

On July 2, Kuaishou's Kling AI raised nearly $3 billion, reaching an $18 billion post-investment valuation and setting a global record for video large model funding. Co-led by CPE, Guofang Venture Capital, BlueFive, Tencent, Zhongguancun Science City Fund, and CITIC Securities, the round officially launches its independent commercialization.....

The Rumors of Qilin AI's Financing Resurface: The Capital Struggles Behind a $18 Billion Valuation

The AI video generation platform Qilin AI, under Kuaishou, has been reported to be about to complete its first independent round of financing, with a scale of $3 billion and a post-money valuation of around $18 billion. Although Kuaishou has not commented, the news has triggered high market attention. Since the split was first reported in May 2026, the platform's valuation expectations have remained in a state of fluctuation and negotiation.