Meta launches its global platform for CapCut competitor Editing

Jack Dorsey invests $10 million in a non-profit organization dedicated to open source social media.

Twitter co-founder and Block CEO Jack Dorsey is not only working on new social apps like Bitchat and Sun Day, Read more

Rivian collaborates with Google to enhance navigation experience in its EVs and app

For the past 18 months, Rivian and Google engineers have been working together on a new project that is now Read more

Trump EPA Investigates Small Geoengineering Startup for Air Pollution

Humans have found it hard to quit fossil fuels, which is why some argue that we’ll soon need to start Read more

PHNX Materials: Turning Dirty Coal Waste into Eco-Friendly Concrete

Coal-fired power plants have made quite a mess over the past century. From climate change to health issues, they haven't Read more

Meta has officially launched Edits, a video-creation app similar to CapCut. Edits is now available globally on iOS and Android, offering creators the ability to generate video ideas, explore new content inspirations, and utilize effects and AI tools. At its initial release, all features of the app are accessible for free, although Instagram head Adam Mosseri hinted at potential paid features in later versions.

Capitalizing on the temporary absence of CapCut from U.S. app stores during the TikTok ban, Meta introduced Edits in response to uncertain future prospects for TikTok in the U.S. The new app aims to divert creators from CapCut towards Edits for short-form content creation across various platforms, including Instagram, Facebook, and competitors like TikTok and YouTube Shorts. One notable distinction is that Edits allows watermark-free video exports, unlike CapCut’s requirement for a Pro version subscription.

See also  A new kids’ show will debut with a crypto wallet this fall

Edits offers tools such as “Ideas” for brainstorming video concepts, “Projects” for organization, and “Inspirations” for trending audio exploration. Additional features include a “Green screen” for background replacement, a “Timeline” for clip arrangement, automatic captions, and music from Instagram’s library. AI capabilities enable turning static images into videos through the “Animate” feature, while precision tracking is achievable with the “Cutouts” tool.

Creators can share their finalized videos directly to Instagram or Facebook, or export them for other platforms. Insights within Edits provide content strategy feedback and distribution insights. Future updates will introduce a “Modify” tool for AI-based video adjustments, a “Keyframes” feature for precise clip editing, collaboration options for feedback, new fonts, animations, transitions, voice effects, filters, sound effects, and music choices.

Betaworks’ third fund seals the deal with $66M for early-stage AI startups investment

This Week in AI: AI gets creative in the kitchen