SynthesiaTranslation site

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Valued at $1 billion, focused, founded in 2017, based in London, UK

Location:
United Kingdom of Great Britain and Northern Ireland
Language:
en
Collection time:
2024-07-16
SynthesiaSynthesia

Synthesia is a London, UK-based AI startup focused on revolutionizing the video production space using artificial intelligence technology.

Company Overview

  • Established: Synthesia was founded in 2017 by AI researchers and entrepreneurs from UCL, Stanford, TUM and Cambridge.
  • FinancingAccording to the latest information, Synthesia raised about $90 million in financing in June 2023, bringing its valuation to $1 billion and officially promoting it to a "unicorn" company. The round was led by Accel and included investors such as Nvidia, Kleiner Perkins, GV, FirstMark Capital and MMC. To date, Synthesia's cumulative funding has reached $157 million.
  • Staff & Size: Synthesia has approximately 200 employees and is expanding its business globally.

Main business and products

Synthesia's main business is to help users create videos through AI technology. Its core product is an AI-based video generation platform that has the following features:

  1. Text to Video: The user simply enters the text, which automatically generates a realism-enhancingdigital personHosted videos. These videos can be presented in multiple languages and support multiple accents and voice tonalities.
  2. AI character selection: The platform offers over 140 different AI characters to choose from, including avatars of different races, genders and styles.
  3. Highly customizable: Users can customize the AI avatar to suit their needs and even clone their own voice and pair it with the custom AI avatar.
  4. multi-scenario application: Synthesia's video production technology can be applied to a wide range of scenarios such as corporate presentations, training videos, internal communications, marketing, etc., greatly improving the efficiency and flexibility of video production.

Technical Advantages and Features

  1. efficiency: Synthesia's video production process is quick and easy, allowing users to create high-quality videos in a short period of time without the need for specialized video editing skills.
  2. economics: Synthesia offers significant cost and time savings compared to traditional video production methods. According to officials, its services can help organizations save up to $5,000 in production costs per video and reduce production time by more than 50%.
  3. Multi-language support: With support for over 120 languages and accents, Synthesia is able to meet the needs of video production on a global scale.
  4. continuous innovation: Synthesia continues to introduce new products and features such as "half-body" AI avatars, AI video production assistants, AI screen recording capabilities, and AI dynamic translation players in an effort to move the current business world from a "text-based world" to a "video-first world". "A video-first world".

Markets & Customers

Synthesia's business targets primarily enterprise customers, and its services have earned the trust and use of many of the world's leading organizations. More than 50,000 companies use Synthesia's services, including Amazon, BSH, Teleperformance, Accenture, Reuters, PWC, Ocado, Network Rail and Persado.

future outlook

With the continuous development and popularization of AI technology, Synthesia is expected to continue to maintain its leading position in the field of video production. In the future, Synthesia will continue to optimize and improve the functionality of its platform and introduce more innovative products and services to meet the changing needs of users. At the same time, Synthesia will also actively explore new market opportunities and business models to drive the further development of the video production industry.

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