The domestic entity behind the AI video generation tool HeyGen, Shi Yun Technology, is planning to dissolve its domestic company. Industry insiders attribute this to its recent $5.6 million in funding. As part of the deal, HeyGen's board will welcome Silicon Valley star investor Sarah Guo. HeyGen has always followed an overseas expansion strategy, with its founders graduating from prestigious American universities and currently residing in the U.S. As an AI startup, common motivations for such de-Sinicization include better access to overseas users and avoiding potential suppression by foreign governments. Additionally, HeyGen recently introduced a new feature that allows users to create their own AI avatars using their smartphone cameras in just 5 minutes.
HeyGen is Dissolving its Domestic Entity, Possibly Related to a New $5.6 Million Round of Financing

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