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.