DNEG Group raises $200 million from UAE's United Al Saqer Group

The DNEG Group, a leader in visual entertainment tech, has secured a $200 million investment from UAE's United Al Saqer Group (UASG), valuing it at over $2 billion. This boosts DNEG's move towards AI-driven content creation with Brahma, set to democratize CGI. Prime Focus Studios will expand, co-producing major films. A new Abu Dhabi hub aims to boost media jobs. CEO Namit Malhotra plans to leverage this partnership to enhance global services and tech, transforming storytelling capabilities with innovative AI tools.
Read The Rest at :