Tuesday, July 2, 2024

VFX company DNEG raised $200M from Abu Dhabi's UASG at a $2B valuation, to expand its division Brahma, which is developing an AI-powered, photo-real CGI creator (Melanie Goodfellow/Deadline)

Melanie Goodfellow / Deadline:
VFX company DNEG raised $200M from Abu Dhabi's UASG at a $2B valuation, to expand its division Brahma, which is developing an AI-powered, photo-real CGI creator  —  London-based The DNEG Group has secured a $200M capital injection from Abu Dhabi investment firm United Al Saqer Group (UASG).



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Alibaba's open-weight models have accumulated 3B+ global downloads in the past six months; Hugging Face: Google had 418M downloads while Meta had 227M in 2026 (Saritha Rai/Bloomberg)

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