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Magnific AI is a leading generative AI image upscaler and enhancer that allows users to increase resolution and add high-fidelity detail to digital images. Founded in Murcia, Spain, by entrepreneurs Javi Lopez and Emilio Nicolas, the tool quickly gained global recognition for its unique ability to 'hallucinate' details while maintaining the integrity of original images. In early 2024, the Spanish design platform Freepik acquired Magnific AI to integrate its advanced processing capabilities into Freepik's broader suite of creative tools.
Freepik, headquartered in Málaga, Spain, is one of the world's largest visual content providers. Since 2020, Freepik has been under the majority ownership of EQT, a global investment organization based in Sweden. This synergy allows Magnific to continue its development within a robust ecosystem of European digital assets. The software is primarily developed and maintained in Spain, serving a global audience of designers, photographers, and digital artists.
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