Indian content creation company Prime Focus Ltd has acquired Metaphysic — a developer of AI content creation technologies — through its DNEG Group’s Brahma.
The acquisition, implemented by way of a merger, values Brahma at USD 1.43 billion. Following this deal, Brahma’s global team will grow to over 800 engineers and creative technologists, a PTI report stated quoting a company statement
Brahma, a global AI and content technology company within the DNEG Group, will merge Metaphysic’s AI tech with DNEG’s existing creative technology to create AI-powered tools for content creators across various industries. This will allow them to produce high-quality content at scale, including video, images, and audio.
“Last year, we acquired Ziva, and now, with Brahma’s acquisition of Metaphysic, we have the market-leading 3D and 2D tools to create ultra-realistic digital doubles of India’s most iconic figures across industries,” said Namit Malhotra, Founder of Prime Focus and Global CEO of DNEG.
Abu Dhabi-based investor United Al Saqer Group will invest an additional $25 million into Brahma, adding to their previous investment in DNEG. Metaphysic’s existing investors will also become shareholders in Brahma, the statement said.
Brahma’s executive team will be led by Executive Chairman Prabhu Narasimhan, Namit Malhotra and Metaphysic CEO Thomas Graham, who will also serve as President of Brahma.
News body NBDA seeks journalistic exemption under digital data rules
‘Ramayana’ producer Malhotra likens film to ‘Avatar’, ‘LOTR’, ‘Odyssey’
Bombay HC protects ‘Ramayana’ from piracy
CEO Jassy says Prime Video gains profit; bullish on ad momentum
JioStar Q2 revenue up 10.1% to Rs 6,806cr. despite weak ad environ
Google brings AI Mode ads to India, 9 other markets
Prime Video announces ‘Off Campus’ S2 release date
Delhi Police arrest Maya IPTV reseller in JioStar piracy case
Ramayana’ records Rs 155 cr worldwide on opening day
ZEE secures exclusive rights to India’s golf tour
Prime Video announces ‘Kaleb Off the Farm’ series 


