Freepik, a well-known platform for media content, has recently made a significant acquisition in the field of artificial intelligence. The company purchased Magnific, a Spanish company that has made waves in the industry with its innovative technology based on generative artificial intelligence.
Magnific, founded just five months ago in Murcia, has quickly established itself as a game-changer in the world of photography. The technology developed by Magnific allows for the enhancement of photographs by increasing their resolution, improving sharpness, and enriching details. This technology has a wide range of applications, from video games to photo editing to the production of audiovisual content.
The acquisition of Magnific by Freepik represents a strategic move for the company as it looks to enhance its offerings globally. The founders of Magnific, Javi López and Emilio Nicolás, will continue to develop new ideas based on artificial intelligence while operating as a subsidiary of Freepik.
Since launching their technology, Magnific has garnered significant interest, with over 685,000 users already utilizing their platform. The acquisition by Freepik marks a significant milestone for both companies and showcases the power of collaboration in the ever-evolving field of artificial intelligence.
