

Ubisoft is a publisher, not a game dev studio. They publish games made by their child studios. They don’t produce games themselves.
Larian has less than a 1000 employees
Yes, they have 500 employees which would be quite large for an Indie development studio.
DICE (studio behind the Battlefield games), for example, has 700 employees. CD Project RED, (Cyberpunk, Witcher games), has 615 employees.
If budget is the qualifier for AAA, Larian has put out multiple massive budgeted games in both BG3 and Divinity 2. I’m not sure which metric would disqualify Larian as being a AAA studio.




Yes, these are all their children studios. Ubisoft Entertainment (colloquially referred to as just Ubisoft), as an entity, is a video game publisher.
Does that make all their children studios AAA? A lot of them don’t have massive employee numbers and their budget per game varies greatly lol.