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technology Apr 28, 2026, 2:00 AM
Freepik rebrands to Magnific amid AI video success - Freepik, which originated in Málaga, Spain, has pivoted to focus on AI video generation.
- The company has achieved $230 million in annual recurring revenue, with approximately half derived from video.
- Magnific aims to empower creators with innovative tools while maintaining a profitable and bootstrapped business model.
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2026 All rights reserved
2026 All rights reserved