President Lula to Speak at FII PRIORITY Rio de Janeiro Summit at the Copacabana Palace Wednesday

FII PRIORITY Rio Press Release Image
FII Institute is honoured to announce that Brazil’s President Luiz Inácio Lula da Silva will speak at the inaugural Latin America FII PRIORITY Summit in Rio de Janeiro on 12 June, marking a significant milestone for the summit.

RIO DE JANEIRO, June 11, 2024 (GLOBE NEWSWIRE) — FII Institute is honoured to announce that Brazil’s President Luiz Inácio Lula da Silva will speak at the inaugural Latin America FII PRIORITY Summit in Rio de Janeiro on 12 June, marking a significant milestone for the summit.

President Lula, who will be joined by several high-ranking Brazilian and Latin American government officials, underscores the importance of FII PRIORITY Rio in addressing key global priorities and promoting investment opportunities. His attendance is a testament to Brazil’s integral role in shaping the future of global investment and sustainability.

“We are deeply honoured by President Lula’s decision to join us,” said Richard Attias, CEO of FII Institute. “As a global leader, his leadership and vision will greatly enrich our discussions and initiatives. The theme of our summit, ‘Invest in Dignity,’ was inspired by President Lula’s vision.”

The FII PRIORITY Rio de Janeiro Summit will take place at the Copacabana Palace from 11 to 13 June 2024, featuring a rich and diverse programme with world-renowned leaders and critical discussions on global issues.

For more information, please visit: https://fii-institute.org/Program-Rio. For media enquiries, please email: [email protected] and [email protected].

About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm focused on impactful initiatives for humanity. Through its PRIORITY Summits, the institute brings together leading minds to foster innovation and sustainable solutions across the globe.

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Quantexa Debuts Q Assist, New Context Aware Generative AI Technology Suite

New AI advancements are helping industry leaders get data ready for AI and make impact

Q Assist, New Context Aware Generative AI Technology Suite from Quantexa
Q Assist, a context aware generative AI technology suite to help organizations augment trusted decision-making across teams of front-line and information workers
  • HSBC is among several industry leaders participating in Quantexa’s Lighthouse Program for early adopters
  • HSBC anticipates that streamlining of analysis and acceleration of processes could lead to significant productivity gains within the first year of deployment
  • Q Assist combines Quantexa’s Decision Intelligence Platform and Generative AI to augment decisions for sales, customer service, and compliance teams in financial services, TMT, and government agencies

LONDON, June 10, 2024 (GLOBE NEWSWIRE) — This Monday, on the Centre Stage at London Tech Week 2024Quantexa, the global leader in Decision Intelligence (DI) solutions for the public and private sectors debuted Q Assist, a context aware generative AI technology suite to help organizations augment trusted decision-making across teams of frontline and information workers. The announcement demonstrates progress against the company’s platform innovation roadmap and comes nearly a year after Quantexa detailed a significant investment in the global artificial intelligence (AI) industry and previewed Q Assist as a stand-alone LLM agnostic copilot.

With the new Q Assist Technology Suite, Quantexa customers will be able to operationalize generative AI for transformational gains without significant investment in infrastructure, tooling, and additional skilled resources.

Frontline and information workers can leverage the power of copilots, linked data, Quantexa’s knowledge graph capability, and other Decision Intelligence Platform features to enhance the accuracy and reliability of generative AI models that interact with all data (structured and unstructured), context, and insight across their organization. Combining LLMs with the rich context within Quantexa’s Decision Intelligence Platform enables a better understanding of data, safely grounds responses, increases performance and trust, and ensures teams have the most accurate, up-to-date information in a single place.

Q Assist, a context aware generative AI technology suite to help organizations augment trusted decision-making across teams of front-line and information workersFind out what Q Assist is and how it works with Quantexa’s Decision Intelligence Platform.
View the full video

Helping Customers Succeed in the Era of AI
HSBC is one of the organizations currently participating in the Lighthouse Program for early adopters. Each organization in the program envisions using Q Assist in several ways, including:

  • Streamlining analysis, investigation, and reporting tasks for information and knowledge workers to achieve greater efficiency.
  • Reducing the reliance on data science and operations teams for ad-hoc data requests, giving them time to focus on more strategic tasks.
  • Empowering customer facing teams with access to enriched data and insights they need to increase revenue and enhance customer experiences.
  • Enabling teams across an organization to consistently make trusted decisions that are traceable and accelerate operational process improvement.

BNY Mellon is currently evaluating joining HSBC in Lighthouse effort. Quantexa worked with Lighthouse Program participants to project one-, three-, and five-year benefits from deploying Q Assist within their customer facing, data science, and investigative teams. It found an almost immediate productivity gain across three core areas: time saving and efficiency, new opportunity identification, and increased conversion rates.

HSBC anticipates that democratizing analytics and accelerating processes across these areas could lead to productivity gains within the first year of deployment. The company also expects to free up employee’s time, allowing them to refocus on other strategic tasks.

David Rice, Global Chief Operating Officer, Commercial Banking at HSBC, said: “This new solution has the potential to enhance the efficiency and accuracy of complex tasks such as anti-money laundering investigations and sales strategies by providing trusted data and contextual analytics. The introduction of contextual analytics and innovation will enable HSBC to concentrate our resources more productively and ultimately help our customers.”

Quantexa estimates that a tier one global financial institution with three levels of defense in financial crime and fraud compliance efforts, generating approximately 15k alerts a month, could realize significant efficiencies and cost savings by deploying the Q Assist Generative AI Technology Suite:

  • Over £17M in savings enabled annually by enhancing and automating investigating and reporting processes across financial crime and fraud.

Quantexa’s CTO, Jamie Hutton, said: “Quantexa’s engineering principle of shaping solutions to deliver maximum customer value has allowed our clients to play an integral role in helping to shape the product requirements for Q Assist. Through the company’s Lighthouse Program for early adopters, we have the benefit of working with industry leaders that provide valuable feedback throughout our roadmap process.”

Eric Hirschhorn, Chief Data Officer, BNY Mellon, said: “We are excited to see this continued innovation from Quantexa. Our multi-year collaboration has helped us to break down data silos and unify our data with unprecedented accuracy. The next phase in our innovation efforts will see us exploring the potential of enabling frontline workers across the bank to use Gen AI to act on the data insights confidently and reach new levels of efficiency in the process.”

How the New Q Assist Generative AI Technology Suite Works
Quantexa’s new generative AI technology suite will combine Quantexa’s Decision Intelligence Platform and Generative AI through a new data integration layer, prompt builder, and copilot that accelerates the ability of teams to make critical business decisions.

Q Assist delivers trusted, extensible AI anchored by Quantexa’s Decision Intelligence Platform. This lets non-technical teams benefit from Quantexa’s critical platform capabilities including a connected data foundation, graph analytics, modeling, and scoring to augment and automate decision making. The Q Assist Technology Suite is comprised of three components:

  • Q Assist Integration Layer: the nerve center of Q Assist. It is a framework of tools, connectors, and APIs designed to securely link Quantexa’s Decision Intelligence Platform with LLMs and conversational AI systems right out-of-the-box.
  • Q Assist Prompt Builder: an extensible prompt management and sharing capability that easily integrates with external prompt engineering tools and frameworks, such as Microsoft’s Azure Prompt Flow, Semantic Kernel or AutoGen, to put the power in the hands of administrators to define and control prompts and responses that are grounded in contextual data generated by Quantexa’s Decision Intelligence Platform.
  • Q Assist Copilot: allows users to query large and disparate data via a natural language interface, understand and summarize data, insights, and findings in real-time, and automate research, investigation, and reporting tasks.

Today, the company is making Q Assist Generative AI Technology Suite capabilities available to a limited set of customers, with wider public availability planned for early 2025.

To learn more about how Quantexa is helping organizations get their data ready for AI, or to download the Total Economic Impact™ of Quantexa’s Decision Intelligence Platform by Forrester and start measuring the ROI of Decision Intelligence investments, please visit https://www.quantexa.com/discover/ai/.

About Quantexa
Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa’s Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has more than 700 employees and thousands of platform users working with billions of transactions and data points across the world.

Media Enquiries
C: Stephanie Crisp, Fight or Flight
E: [email protected]
OR
C: Adam Jaffe, SVP of Corporate Marketing
T : +1 609 502 6889
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e& leads as the Top Telecoms Employer Brand in Employer Brand Index 2024

Top Telecoms Employer Brand
e& leads as the Top Telecoms Employer Brand
  • e& UAE is the Top Telecoms Employer Brand in Brand Finance rankings
  • e& ranked 16th in the Top 20 employer brands across all categories in 16 countries
  • Achievement reflects the broader reputation of UAE as a global talent hub

LONDON, June 07, 2024 (GLOBE NEWSWIRE) — e&, the global technology group, attained the highest position in Brand Finance’s inaugural Employer Brand Report 2024 with its UAE entity ranking as the Top Global Telecoms Employer.

The group also secured the 16th spot among the Top 20 Employer Brands across measured employer brands across financial services, telco, media, and tech (TMT), oil, gas, and energy, professional services, retail, automotive, and fast-moving consumer goods (FMCG) in Africa, Asia, Europe, and the United States.

Ali Al Mansoori, Group Chief People Officer, e&, said: “This recognition as an employer of choice reflects the incredible dedication and passion of our people, who are our greatest assets. It also reaffirms our commitment to cultivating a unified company culture where every employee is empowered to think differently, experiment fearlessly, and innovate continuously. In today’s rapidly evolving landscape, having a talented workforce is more critical than ever.”

David Haigh, CEO of Brand Finance, said: “Middle Eastern telecom brands are increasingly overtaking their European and American counterparts as desirable places to work. This reflects the career opportunities and exciting technological developments created by consistent, high-quality investment in the Middle East.”

Leading the way in employer branding and talent development in UAE, the group scored highly across several considerations, including as a ‘prestigious brand,’ an ‘inspiring vision,’ ‘enjoyable and rewarding work,’ and a ‘well-managed and governed company.’ e&’s achievement reflects the broader reputation of the UAE as a global talent hub and the preferred destination for people seeking to shape a prosperous future.

“At e&, we are committed to equipping our team with the skills necessary to navigate and thrive in the digital age. Our vision is not just to keep pace with change, but to lead it. We are building a resilient, forward-thinking workforce capable of driving our company and our community towards greater heights. Our strategy includes comprehensive training programs, partnerships with educational institutions, and an environment that rewards creativity and bold thinking. We are dedicated to creating opportunities for professional growth and supporting our team as they develop the technological skills and mindset essential for the future,” added Al Mansoori.

The inaugural “Employer Brand Index” report showcases the world’s top brands with global and regional league tables. The research-driven study is the first of its kind, measuring internal and external perceptions of employer brands from 16 countries. The Index is derived from responses from an anonymous survey of the public across various industries conducted via independent online panels.

The Brand Finance 2024 Employer Brand Index follows the release in January of the global brand rankings in which e& UAE was rated the strongest telecom brand globally (AAA rating) and the strongest brand in the Middle East and Africa (MEA) across all categories.

Brand Finance is the world’s leading brand valuation consultancy. For more than 25 years, it has been bridging the gap between marketing and finance by evaluating the strength of brands and quantifying their financial value to help organisations of all kinds make strategic decisions. Every year, Brand Finance conducts more than 5,000 brand valuations, supported by original market research, and publishes over 100 reports that rank brands across all sectors and countries.

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Contact:
Nancy Sudheer
[email protected]

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Top 20 AI university graduates first Ph.D. cohort

101 graduates boost UAE’s AI ecosystem of research, development and commercial application advances – creating an AI tech hub of the Global South

MBZUAI Class of 2024 hat throw moment 240606
MBZUAI Class of 2024 hat throw moment 240606

ABU DHABI, United Arab Emirates, June 07, 2024 (GLOBE NEWSWIRE) — His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, attended the Mohamed bin Zayed University of Artificial Intelligence’s (MBZUAI) 2024 commencement ceremony on June 6, celebrating 101 graduates from 22 countries, receiving post-graduate degrees in key AI fields including computer vision (CV), machine learning (ML), and natural language processing (NLP).

The event was also attended by His Excellency Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Founding Chairman of the Board of Trustees of MBZUAI, and other dignitaries.

“Before many other countries recognized its potential, government-led policies encouraged the promotion of AI in the UAE,” Dr. Al Jaber said. “They nurtured the success of companies like G42 and large language models like Falcon. As a result, this small country is creating a world class ecosystem for AI talent and entrepreneurship. We are attracting major investment from tech leaders such as Microsoft and emerging as a significant hub for AI innovation and application.”

Dr. Al Jaber noted that the growth of AI is one of three megatrends shaping the future, alongside the accelerating pace of the energy transition and the rise of emerging markets and Global South: “The Class of 2024’s growing expertise will hold the keys to unlocking solutions to some of the world’s most pressing challenges. In fact, if we are to achieve the ambitious goals of the historic UAE Consensus agreed at COP28 in December in Dubai, AI must play a critical role.”

MBZUAI’s third and largest commencement celebrated the university’s first Ph.D. graduates in ML along with master’s graduates in ML (55), CV (28) and NLP (12) with students hailing from countries including UAE, Canada, United Kingdom, France, India, Vietnam, Pakistan, Ethiopia and Sri Lanka.

MBZUAI President and University Professor, Eric Xing, said: “MBZUAI’s Class of 2024 are the future leaders of technology, innovation, and creativity, they are equipped to accept the responsibility that comes with the stewardship of something so powerful and transformative. They depart us with the knowledge, skills, and a profound understanding of the opportunity before them – the chance to shape a future where AI serves humanity with compassion and unwavering ethical standards – they are ready to tackle the greatest challenges facing our world today.”

Five years since its inception, MBZUAI is now recognized as one of the world’s top 100 computer science universities and is ranked in the top 20 for its specializations in AI, CV, ML, NLP, and robotics (CSRankings).

To apply for admission, visit mbzuai.ac.ae or contact [email protected]. For press inquiries, please contact:

Amy Rogers, MBZUAI’s Senior Communications Specialist
[email protected]

Roger Field/Aya Hassan
[email protected]

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Hitachi Energy to invest additional $4.5 billion by 2027 to accelerate the clean energy transition

Order backlog more than tripled to over $30 billion since 2020 — More than double new investments in manufacturing, engineering, digital, R&D and partnerships across all major markets from 2024 to 2027 — Around $330 million in capacity expansion, modernization, and new build in Sweden, across all product portfolios with additional 2,000 employees — Global Technology and Innovation Center in India will increase to more than 4,000 employees to serve more than 40 countries

Zurich, Switzerland, June 07, 2024 (GLOBE NEWSWIRE) — Hitachi Energy will invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years. This complements the recently announced $1.5 billion investment in April this year to ramp up global transformer production.

These investments will enable the company to meet customers’ commitments and market demand, increasing its global R&D, engineering and manufacturing capacity of transformers, high-voltage direct current (HVDC) and high-voltage products. It will also support the deployment of power electronics-based solutions, grid automation and software solutions, and services in line with the Hitachi Energy 2030 Plan.  Investments will also go into partnerships, supply chain, digitalization and automation, which are enablers to support capacity expansion and increase speed to market.

Electrification is pivotal to achieving Net-Zero goals and the energy transition requires innovative software solutions and services and a significant increase in the production of critical technologies for an expanded electricity grid. Integrating more renewable energy sources like solar and wind, alongside meeting the electrification demands of transport, buildings, industry, and other sectors, necessitates a secure and flexible grid infrastructure. According to IEA, the increased usage of Gen AI and the ever-growing quantity of digital data requires an expansion of data centers and the global electricity demand from data centers and AI could double towards 2026.

The company also announced today that it is investing around $330 million to expand and modernize its flagship factory in Ludvika and a new campus in Vasteras, Sweden, across all product portfolios. The Ludvika factory, with over 120 years of innovation, manufactures transformers, high-voltage products and HVDC systems, and will expand by more than 30,000 square meters. This will especially enable new manufacturing capacity of large transformers to meet the deliveries of key HVDC projects. A new campus in Vasteras will accommodate 1,800 employees, including an R&D center and a state-of-the-art production facility for grid automation. The workforce in Sweden will additionally grow by 2,000 to support the accelerating energy transition.

According to the IEA Report in October 2023: The recent clean energy progress we have seen in many countries is unprecedented and cause for optimism, but it could be put in jeopardy if governments and businesses do not come together to ensure the world’s electricity grids are ready for the new global energy economy that is rapidly emerging. This report shows what’s at stake and needs to be done. We must invest in grids today or face gridlock tomorrow.

“Electricity will be the backbone of the entire energy system and the change is happening faster than many thought possible. New business models, harmonization of designs, along with partnerships are key drivers for the increase in the pace of change,” said Claudio Facchin, CEO, Hitachi Energy. “The world is in a race to transform energy systems. Technology is not the bottleneck and electrification is creating unprecedented demand for power grids systems combined with digital solutions and services. As the market leader, we are responding with an unprecedented level of investment, people and innovation to meet that demand.”

Just in the last month, key HVDC projects were announced that are urgently needed to meet rapidly growing market demand. Underpinned by new scalable business models pioneered by Hitachi Energy, framework agreements were signed with RTE in France, RWE in Germany, Marinus Link in Australia, in addition to a service contract with Pattern Energy in the US. The company also announced the Sa.Co.I.3 interconnection between Italy and France, another industry-leading multi-terminal solution.

Governments, industries, and consumers are accelerating the switch from fossil energy to electricity to power transport, building heating and cooling, and industrial processes. Decision-makers and operators require real-time grid data for insights and collaboration. Digitally enabled transformers, switchgear, substations, converter stations, Lumada Asset Performance Management and digital twin data platforms like IdentiQ™ are critical for a more sustainable, flexible, and secure energy system. The company is also leveraging synergies between Hitachi Energy and Hitachi Digital to provide the unique position across IT, OT, product and service capabilities to support our customers throughout the entire lifecycle.

About Hitachi Energy 
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We are advancing the world’s energy system to be more sustainable, flexible and secure and we collaborate with customers and partners to enable a sustainable energy future – for today’s generations and those to come. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries, serving customers in utility, industry, transportation, data centers and infrastructure sectors. With innovative technologies and services including the integration of more than 150 gigawatts of HVDC links into the power system, we help make the energy value chain more efficient, making electricity more accessible to all. Together with stakeholders across sectors and geographies, we enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. Headquartered in Switzerland, we employ around 45,000 people in 90 countries and generate business volumes of around $13 billion USD.
https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

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Hitachi Energy Ltd
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Rovio, SEGA, and Prime Focus Studios Announce The Angry Birds Movie 3 Is In Production At DNEG Animation

Rovio, SEGA, and Prime Focus Studios Announce The Angry Birds Movie 3 Is In Production At DNEG Animation

Rovio Entertainment Corporation, SEGA, and Namit Malhotra’s production company Prime Focus Studios, announced today that they are starting production on The Angry Birds Movie 3, with DNEG Animation attached as animation partner. Prime Focus Studios, Rovio, and SEGA will produce the movie in association with One Cool Group, Flywheel Media, and dentsu.

Jason Sudeikis and Josh Gad return to the flock

The Angry Birds Movie franchise has so far grossed
more than $500m at the worldwide box office

LONDON, June 06, 2024 (GLOBE NEWSWIRE) — Rovio Entertainment Corporation, SEGA, and Namit Malhotra’s production company Prime Focus Studios, announced today that they are starting production on The Angry Birds Movie 3, with DNEG Animation attached as animation partner. Prime Focus Studios, Rovio, and SEGA will produce the movie in association with One Cool Group, Flywheel Media, and dentsu.

The third installment in the franchise will follow the continuing adventures of Red and Chuck, voiced once again by Jason Sudeikis (Ted Lasso, SNL, We’re the Millers) and Josh Gad (Frozen, Beauty and the Beast, Gutenberg!, Murder on the Orient Express). Jason Sudeikis is represented by Brillstein Entertainment Partners and TAG. Josh Gad is represented by Sugar 23, CAA and JSSK. More casting news will be coming soon.

The film follows the success of the first two Angry Birds movies, which together have grossed more than $500m at the worldwide box office and have demonstrated fantastic results on streaming platforms, signalling strong demand for the third theatrical installment.

The Angry Birds Movie 3 will be directed by John Rice (Angry Birds, Beavis and Butt-Head Do The Universe). The screenplay will be written by Thurop Van Orman (Angry Birds 2, Adventure Time, Flapjack), who will also executive produce alongside Toru Nakahara (Sonic the Hedgehog, Sonic Prime, Golden Axe). The film will be produced by John Cohen (Despicable Me, The Garfield Movie, Angry Birds), Dan Chuba (The Mitchells vs. the Machines), and Carla Connor (The Willoughbys).

Returning to the Angry Birds design team is Jeanie Chang as production designer and Francesca Natale as character designer. The head of story is Vadim Bazhanov and the lead editor is Sarah K. Reimers. Storyboards, art development, and animation will be handled by DNEG Animation.

Rovio and SEGA will produce alongside Namit Malhotra and his production company Prime Focus Studios, which recently co-produced The Garfield Movie with Alcon Entertainment. Prime Focus Studios is also currently in production on Animal Friends with Legendary Entertainment and Ryan Reynolds’ Maximum Effort, and Indian epic Ramayana with actor-producer Yash’s Monster Mind Creations.

“The Angry Birds brand knows no bounds, and an all-new Angry Birds adventure underscores how the worlds and narratives crafted in our games can seamlessly transcend into the realm of film and beyond,” said Alexandre Pelletier-Normand, CEO at Rovio Entertainment. “Rovio is fully committed to creating entertainment that sparks imagination across various platforms. We’ve seen continuous success in everything from games and feature films to licensed products and amusement parks, and we are thrilled to return once again to the vibrant Angry Birds world with our new partners.”

“The Angry Birds games are a global phenomenon and the film franchise has enjoyed worldwide success,” added Crosby Clyse, Managing Director of DNEG Animation. “Our amazing DNEG Animation team is thrilled to be teaming up once again with Prime Focus Studios and with our new friends at Rovio to create an all-new high-velocity adventure set in this colourful, crazy world.”

“Innovation is part of dentsu’s DNA and we are always looking for new and exciting projects to deliver differentiated, integrated growth opportunities for our clients. We believe in the positive impact of entertainment, creating meaningful connections between people and brands,” commented Jean Lin, Global President – Global Practices, dentsu. “We are so proud to partner with Prime Focus Studios and DNEG Animation to help bring the next installment of the beloved global Angry Birds franchise to life.”

“The Angry Birds brand truly reflects the size and scale of content Flywheel Media are focusing on,” said Don McGregor, Founder and CEO, Flywheel Media. “We are thrilled to be joining forces with such incredible partners to deliver this film to audiences around the world.”

The Angry Birds Movie opened at #1 in 50 countries on its release in 2016 and has grossed more than $350m at the worldwide box office. Rovio’s mobile games surpassed 5 billion downloads in 2022.

“We are thrilled to announce that the brand-new film of the globally beloved and successful Angry Birds franchise is to be in production,” said Shuji Utsumi, President and COO at SEGA. “SEGA has been focusing on its Transmedia strategy to advance the value of its intellectual properties (IP) across games and diverse media landscapes. We believe that the upcoming The Angry Birds Movie 3 perfectly aligns with our strategy and presents a great opportunity for us to bring the charm of the Angry Birds brand to fans across the globe.”

“I’m delighted to be partnering with Rovio, SEGA, One Cool, Flywheel, dentsu, and the incredible team of returning filmmakers and voice talent on this movie. It’s an honour to be part of the next chapter in the amazing Angry Birds story,” concluded Producer Namit Malhotra. “Prime Focus Studios is in production on an impressive roster of high-profile features and I am excited that The Angry Birds Movie 3 will be the next big animated project on our slate after The Garfield Movie.”

Angry Birds and all related properties, titles, logos, and characters are trademarks of Rovio Entertainment Corporation and are used with permission. All Rights Reserved.

About Prime Focus Studios
Led by filmmaker and Global CEO of DNEG, Namit Malhotra, Prime Focus Studios is an independent production company dedicated to the creation of innovative and exciting global content.

Prime Focus Studios, which recently co-produced The Garfield Movie with Alcon Entertainment for Sony Pictures, is currently in production on three major motion pictures: Indian epic Ramayana with Rocking Star Yash’s Monster Mind Creations; Animal Friends with Legendary Entertainment and Ryan Reynolds’ production company Maximum Effort; and The Angry Birds Movie 3, with Rovio Entertainment Corporation and SEGA.

About Rovio
Rovio Entertainment Corporation is a global mobile-first games company that creates, develops and publishes mobile games, which have been downloaded over 5 billion times. Rovio is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment, animations, and consumer products in brand licensing. Rovio has produced The Angry Birds Movie (2016), and its sequel, The Angry Birds Movie 2 was released in 2019. The company offers multiple mobile games and has seven game studios – one in Espoo (Finland), Stockholm (Sweden), Copenhagen (Denmark), Barcelona (Spain), Montreal and Toronto (Canada), as well as a subsidiary in Izmir (Turkey) called Ruby Games. Most of the employees are based in Finland, where Rovio is headquartered. Rovio is owned by SEGA.

About DNEG Animation
DNEG Animation is a world-class animation studio that creates captivating stories and compelling characters through beautiful animation. Built on the passion and talents of our team, we help bring unique worlds to life. From complex graphic novel adaptations to beautifully stylized films, we are dedicated to furthering the craft of animation. Recent and upcoming projects on behalf of our filmmaking partners include The Garfield MovieThe Angry Birds Movie 3The Cat In The HatThat ChristmasNimonaUnder the BoardwalkEntergalactic, and Ron’s Gone Wrong.

DNEG Animation is part of DNEG (www.dneg.com), a world-leading visual entertainment services company for the creation of feature film, television, multiplatform content, and immersive experiences, with worldwide offices and studios across North America, Europe, Asia, and Australia.

About One Cool Group
Pioneered and led by Hong Kong actor and producer Louis Koo in 2013, One Cool Group has evolved from a local film production company to a major player in Asia and beyond. One Cool’s motto, “Thrive through Creativity. Strive for Diversity”, unites a fast-growing team of more than 300 film professionals based at its Hong Kong headquarters and affiliated offices in China, Thailand, Malaysia, Singapore, and South Korea. A diversified portfolio encompasses all aspects of filmmaking from financing, artist management, casting, editing, sound effects, visual production, to distribution, promotions, and more. One Cool collaborates in global feature films, partnering with Sony Pictures Animation on Vivo and the Oscar-nominated The Mitchells vs. the Machines, with Alcon Entertainment on The Garfield Movie, and with independent film producers. One Cool is forging ahead with pioneering AI techniques in various aspects of filmmaking.

Find out more:
www.onecool.com

About dentsu
Dentsu is an integrated growth and transformation partner to the world’s leading organizations. Founded in 1901 in Tokyo, Japan, and now present in over 145 countries and regions, it has a proven track record of nurturing and developing innovations, combining the talents of its global network of leadership brands to develop impactful and integrated growth solutions for clients. Dentsu delivers end-to-end experience transformation (EX) by integrating its services across Media, CXM and Creative, while its business transformation (BX) mindset pushes the boundaries of transformation and sustainable growth for brands, people and society.

Dentsu, Innovating to Impact.

Find out more:
www.dentsu.com
www.group.dentsu.com

About Flywheel
Flywheel Media is a new film company collaborating with the world’s largest brands, harnessing their storytelling power to engage new and existing fans.

We create movies for the big screen designed to entertain and inspire audiences globally.

Find out more:
www.flywheelmedia.com

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A video accompanying this announcement is available at https://youtu.be/8RGho3YHbGg

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