Adobe Launches AI Video Generator in Race With OpenAI, Meta

Adobe Inc. unveiled artificial intelligence tools that can create and modify videos, joining Big Tech companies and startups in trying to capitalize on demand for the emerging technology.

One feature, integrated into Adobe’s video-editing software, Premiere, will let users extend video clips using generative AI, the company announced Monday at its annual product conference in Miami. Other tools, available online, will let users produce video from text prompts and existing images.

Summary :
1. Artificial intelligence tools to be embedded in Premiere app
2. Company not yet charging additional fees for AI features