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India's Digikore Studios Becomes First VFX Company to Create AI-Generated Video
The Business Guardian
|October 10, 2024
Digikore Studios Limited (NSE--DIGIKORE), which specializes in delivering Visual Effects (VFX) for a diverse range of projects, proudly announces a groundbreaking innovation as the first VFX company in the world to create fully AI-generated motionbased video content.
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This achievement marks a historic breakthrough in the entertainment and advertising industry. This revolutionary technology is poised to disrupt traditional ad production by delivering custom, high-quality video ads in a fraction of the time and cost of conventional methods.
The Global Advertising Video Production Market was valued at USD 67.04 billion in 2023 and is projected to reach USD 103.43 billion by 2030, growing at a CAGR of 12.2% during the forecast period 2024-2030.
With AI set to disrupt traditional methods of video production, AI-generated video ads will significantly boost Digikore's revenues in the years to come.
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