Freepik, a leading design platform, has made a significant move in its AI strategy with the acquisition of Magnific, an AI image upscaler and enhancer. This acquisition, Freepik's largest to date, underscores its commitment to AI innovation and global growth.

The acquisition aligns with Freepik's aggressive expansion strategy, following its previous acquisitions of EyeEm, Videvo, Original Mockups, and Iconfinder. By integrating Magnific's cutting-edge AI technology into its suite of tools, Freepik aims to further solidify its position as a leader in the design space.