Visual entertainment firm DNEG Group-owned Brahma announces acquisition of AI developer Metaphysic

New Delhi: Brahma, a global AI (artificial intelligence) and content technology company created by the DNEG Group, a visual entertainment services firm has announced the acquisition of Metaphysic, a developer of AI content creation technologies. The acquisition, implemented by way of merger, will accelerate the development of Brahma’s AI-powered products for enterprises, IP rights-holders, and content creators across industries, the two companies said in a statement.

The valuation of Brahma following the transaction is $1.43 billion.