Adobe acquired Rephrase.ai, AI-driven video creation startup
Adobe, the renowned software company, has recently acquired Rephrase.ai, an AI-driven video creation startup based in Bengaluru, making it their first generative AI acquisition in India.
According to the Economic Times, Adobe plans to integrate Rephrase's technology stack and generative AI video capabilities into their native video-editing platform, Creative Cloud. This strategic move aims to enhance and expand Adobe's range of services.
The acquisition of Rephrase.ai will empower Adobe to seamlessly incorporate AI-driven video content tools across their software suite. This comes at a time when corporations are actively seeking AI-powered solutions to complement their daily work processes.
Rephrase.ai, founded in 2019 by Ashray Malhotra, Nisheeth Lahoti, and Shivam Mangla, all g...