Prime Focus Ltd's subsidiary Brahma, part of the DNEG Group, has announced the acquisition of Metaphysic, a leading AI content creation technology developer. The merger values the combined entity at $1.43 billion, positioning Brahma as a powerhouse in generative AI for content creation. United Al Saqer Group (UASG) and DNEG will invest an additional $25 million into Brahma to accelerate AI-powered product development. Metaphysic's existing investors, including Liberty Global and Rakuten Capital, will become Brahma shareholders. This strategic move aims to revolutionize content creation across industries, enabling high-quality, scalable production of video, image, and audio content.
Sources: Business Standard, Financial ExpressPrime Focus Ltd's subsidiary Brahma, part of the DNEG Group, has announced the acquisition of Metaphysic, a leading AI content creation technology developer. The merger values the combined entity at $1.43 billion, positioning Brahma as a powerhouse in generative AI for content creation. United Al Saqer Group (UASG) and DNEG will invest an additional $25 million into Brahma to accelerate AI-powered product development. Metaphysic's existing investors, including Liberty Global and Rakuten Capital, will become Brahma shareholders. This strategic move aims to revolutionize content creation across industries, enabling high-quality, scalable production of video, image, and audio content.
Prime Focus Ltd's subsidiary Brahma, part of the DNEG Group, has announced the acquisition of Metaphysic, a leading AI content creation technology developer. The merger values the combined entity at $1.43 billion, positioning Brahma as a powerhouse in generative AI for content creation. United Al Saqer Group (UASG) and DNEG will invest an additional $25 million into Brahma to accelerate AI-powered product development. Metaphysic's existing investors, including Liberty Global and Rakuten Capital, will become Brahma shareholders. This strategic move aims to revolutionize content creation across industries, enabling high-quality, scalable production of video, image, and audio content.
Sources: Business Standard, Financial Express