Vimeo Will Release an End-to-End AI Suite for Video Creation on Its Platform in July

IBL News | New York

Vimeo.com (NASDAQ:VMEO) announced this week it will be adding to its platform in July a suite of generative AI-powered video creation and editing tools that will include a script generator — including tone and duration —, a teleprompter, and a text-based video editor.

“It will enable anyone to create a fully produced video in minutes by automatically generating scripts in seconds, recording videos in one take using a built-in teleprompter, and deleting any unwanted content such as filler words (ums and uhs) and long pauses,” said the company.

“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,” said Ashraf Alkarmi, chief product officer at Vimeo.

Alkarmi continues, “We’re clearly only scratching the surface of what AI can accomplish for organizations and the people within them.”

The capabilities will be free for anyone to trial as part of Vimeo’s subscription plan.