At Extreme Investor Network, we are always on the lookout for innovative technologies that have the potential to disrupt industries and create new opportunities for investors. One such company that has caught our attention is Veed, a rising star in the video editing industry. Co-founders Sabba Keynejad and Tim Mamedov are leveraging Speech AI to revolutionize the way users create and edit videos on their browser-based platform.
Veed’s innovative approach to video editing sets them apart from traditional video editing software. By integrating advanced AI tools into their platform, Veed is able to simplify the video editing process and enhance user creativity and efficiency. The use of AssemblyAI’s language-based model allows for automatic transcription of video content into text, giving users unprecedented control over their editing process.
One of the standout features of Veed is the ‘Magic Cut’ tool, which uses AssemblyAI’s Universal-2 Speech-to-Text model to slice videos based on the text transcript, ensuring a polished final product. This level of accuracy and precision is crucial in maintaining the integrity of the editing process.
Through strategic partnerships and a focus on business growth, Veed has been able to surpass $40 million in annual recurring revenue. The success of Veed showcases the growing importance of AI in creative industries and the opportunities it creates for content creators and video editors.
If you are interested in learning more about Veed’s journey and technological advancements, we highly recommend visiting the AssemblyAI blog for additional insights. Stay ahead of the curve with Extreme Investor Network as we continue to explore and uncover exciting investment opportunities in the crypto and blockchain space.