Thursday, November 20, 2025

Video generation platform Luma AI raises $900 million, valued at $4 billion

The firm’s Indian-American CEO Amit Jain, an IITian who was formerly with Apple, told ET that the domain the company operated in is capital-intensive and requires sizable investments to scale. Sources close to the company pegged its valuation at around $4 billion.

from Tech-Economic Times https://ift.tt/0Sy8oCF

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