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Hedra, the app used to make talking baby podcasts, raises $32M from a16z
Hedra, which offers a video generation and editing suite powered by its Character-3 model, has raised $32M.
The startup wants to use fresh cash to train its next model, which it says enables better customization, as well as develop technology to let its AI-generated characters interact with users. Hedra’s competitors include Captions(also backed by a16z), which is focused more on smartphones; Greycroft-backed Cheehoo, which works with Hollywood studios to create animated features; Synthesia, and HeyGen. a16z’s Bornstein thinks that as the AI-powered video generation space evolves, we will see more tools focusing on characters, motion, voice, editing and the like.
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