Capsule snags $4.75M for its AI-powered video editor that summarizes text, generates images and more

AI’s ability to reinvent web search remains murky, but the technology’s impact on everyday tools seems to be more promising. Case in point: a startup called Capsule has been putting AI to use in video editing software to improve the speed and efficiency of post-production edits. After launching its AI-powered editor into beta, the company closed on $4.75 million in seed funding to commercialize the product.

Longer-term, Capsule says such technology could allow anyone to be creative with video, even if they aren’t professional video editors.

The company hasn’t always been into AI technology. Founded in 2020, Capsule emerged from the same team that built the animated GIF capture tool and social network Read Entire Article

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