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One of the UK’s largest movie technology businesses has been valued at more than $2bn following Abu Dhabi-backed fundraising that will allow the group to develop new AI tools to create films and games.
London-headquartered DNEG Group, which has worked on the visual effects in movies including Dune, Oppenheimer, Interstellar and Blade Runner 2049, has raised about $200mn from United Al Saqer Group, an Abu Dhabi investor backed by a member of the emirate’s royal family.
The deal gives…
