Synthesia, an artificial intelligence startup that lets businesses produce lifelike video avatars, has raised $180 million in a funding round making it one of Britain’s largest AI companies.

AI video avatar platform Synthesia said on Wednesday it has raised $180 million in a new funding round led by venture capital firm NEA, giving the UK-based company a valuation of $2.1 billion. The valuation makes Synthesia the most valuable generative AI media firm in the UK,

Nvidia faces a significant revenue threat due to the latest U.S. export restrictions on artificial intelligence chips, designed to limit the global distribution of these coveted processors, analysts and investors said.