ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Vimeo Announces the First End-to-End AI-Powered Video Creation Suite to Dramatically Simplify How Video is Made

NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) -- Vimeo, the world’s most innovative video experience platform, today announced the launch of a first of its kind AI-powered video creation suite. The company’s new AI tools enables anyone to record videos in one take and edit in seconds – generate a script from a text prompt, record your screen using a built-in teleprompter, and instantly delete any unwanted content such as filler words (ums and uhs) and long pauses.

Vimeo’s research shows that 80 percent of people prefer videos over written text, yet most people are uncomfortable creating videos themselves, and lack the skills, time, or resources to effectively create and edit videos. Its latest AI-powered features eliminate these barriers by generating a polished script in seconds, the opportunity to be more natural in front of the camera with a customizable teleprompter, and the ability to remove any unwanted moments from their videos in just a few clicks.

Hundreds of thousands of videos are uploaded to Vimeo everyday - approximately half of which include speech. With the new AI video suite, users can create a fully produced video in minutes:

  • AI-powered script generator - create a video script in seconds using generative AI; type a brief text description and select your preferred tone and video length
  • Teleprompter - stay on script while maintaining natural eye contact with the webcam with Vimeo’s built-in display; personalize font size and pace while recording with the company’s fully integrated teleprompter
  • Text-based video editor - automatically delete filler words, long pauses, and awkward moments, with a single click

These new capabilities have expansive applications, from quickly creating highlight reels, to hosting virtual events or company meetings, to exporting quote clips for short marketing videos, or simply cleaning up a high profile video before sharing. Vimeo plans to further expand upon its AI strategy by enabling a wide range of AI tools and capabilities to seamlessly integrate into its platform in the future.

“AI in video opens up a new frontier of accessibility. Any individual or business now has the ability to produce engaging, professional content with no prior production experience, and within mere minutes,” said Ashraf Alkarmi, chief product officer at Vimeo. “This is just the beginning of our new and integrated AI video strategy, but we believe this launch will be a game-changer for how companies should be communicating and connecting with distributed teams and customers.”

Alkarmi continues, “We’re clearly only scratching the surface of what AI can accomplish for organizations and the people within them. We envision a future in which AI knowledge is a prerequisite, not a luxury, to video production. Leaders need to adapt now and empower their teams to create more efficiently, or risk getting left behind.”

The company’s AI-powered video creation suite will be available in July. The capabilities will be free for anyone to trial as part of Vimeo’s [Standard/Pro] subscription plan. Head here for more info.

About Vimeo

Vimeo (NASDAQ: VMEO) is the world’s most innovative video experience platform. We enable anyone to create high-quality videos to connect better and bring ideas to life. We proudly serve our growing community of nearly 300 million users — from creative storytellers to globally distributed teams at the world's largest companies. Learn more at www.vimeo.com.

Media Contact
Leroy Velasquez
press@vimeo.com


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.