Privately owned Foundry, headquartered in the UK, was founded in 1996, employs approximately 420 individuals, and reported $74.6M in revenue as of 2024. The company specializes in graphics, developing creative software for the Digital Design, Media, and Entertainment industries.
Foundry integrated its Foundry IQ into Microsoft Copilot Studio on July 8, allowing enterprise teams to bring their organizational knowledge directly into Copilot agents as an intelligence source, thereby addressing challenges related to security governance and answer quality. Previously, on July 6, Reel FX Animation Studios adopted Foundry's Flix to standardize its pipeline and streamline processes across departments for projects like "Doctor Dolittle: King of the Wild." Flix serves as a visual storytelling and story development hub, uniting editorial and production teams, including those at Netflix, Marvel, and Skydance. Earlier, on July 2, Foundry released Nuke 17.1 in open beta, which introduced updates to 3D Gaussian Splatting and USD workflows, including the option to relight splats and Hydra 2.0 support in the 3D viewer. Concurrently, the company also launched Mari 8.0 in open beta, an update to its 3D texture painting software that enables A/B wipe comparisons between outputs of different node graph parts, simplifying material iteration and variant creation.
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