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Alex Mashrabov

Founder & CEO, Higgsfield

Search every verified Alex Mashrabov interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Alex Mashrabov, founder and CEO of Higgsfield, discussed the company's growth and operations in a September 2026 interview. He stated that Higgsfield has reached $1 billion in annual recurring revenue, describing it as the third fastest scaling company to that milestone behind OpenAI and Anthropic, and noted reports of a potential $8 billion valuation in its latest funding round. Mashrabov said the company spends over $4 million a month on internal model usage, with team members averaging over $10,000 per person monthly, and mentioned that some individuals have spent over $30,000 in a week on certain models. He also recounted his background, including reaching third place in worldwide competitive programming by age 19 and selling a prior company to Snap Inc. for $166 million. In the interview, Mashrabov commented on the AI model landscape, saying that margins on proprietary and open-weight models exceed 80%, while closed-source models yield margins between 20 and 30%. He noted that Higgsfield chooses which models to use in over 40% of cases, and observed that video AI adoption is roughly two years behind coding, with on-demand usage for video substantially lower than the over 50% seen in leading coding companies. He also discussed how his engineering and creative teams shifted between models like Claude and Codex over recent months, and expressed a belief that Higgsfield has potential to grow larger than companies like Apple and Shopify, while stating the goal is long-term sustainability and eventually going public.

Recent appearances

  • The Untold Story of Higgsfield | Burning $4M a Month on AI Models | CEO, Alex Mashrabov

    Alex Mashrabov is the Founder and CEO of Higgsfield, the third fastest scaling company to $1BN in ARR behind OpenAI and Anthropic. Reports suggest their latest funding round could place an $8BN valuation on the company. Prior to Higgsfield, Alex sold his prior company to Snap Inc for $166M. Alex was a competitive programmer as a kid, reaching third best in the world. ----------------------------------------------- Timestamps: 00:00 Intro 01:20 From Kazakhstan to Top 3 in Competitive Programming 04:47 Building AI Before the Boom and Selling AI Factory to Snap 09:13 Burning $10M Before Findin…

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    Sign up for TBPN’s daily newsletter at TBPN.com 00:07:06 Elon vs OpenAI 01:02:52 Ads in ChatGPT 01:16:33 WSJ Mansion Section 01:33:30 Bill Shufelt discusses founding Athletic Brewing, the shift from finance to non-alcoholic craft beer, proprietary brewing techniques, and becoming the top-selling NA beer in the U.S. 02:04:40 Sonya Huang discusses the arrival of AGI, long-horizon AI agents, and the shift from product-led to agent-led growth models. 02:36:22 Sean Frank discusses Ridge Wallet’s interest in advertising on ChatGPT, high-intent AI traffic, and the impact of AI ads on e-commerce…

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →