Published -June 20th, 2023 @ 11:30 PM (GMT+2)

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Vimeo's New AI Tools: Revolutionizing Video Production
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Vimeo (NASDAQ:VMEO), a renowned video hosting and software company, has recently launched a set of AI tools aiming to revolutionize the professional video production process. This suite, available at just $20 per month under Vimeo's Standard Plan, includes a script generator, an on-camera teleprompter, and an automated video editor.
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Simplifying Video Production: The Script Generator, Teleprompter, and Automated Editor
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The script generator is designed to produce a complete video script from a brief prompt within seconds, adjusting the language and length as necessary. The on-camera teleprompter helps users to maintain eye contact with the camera by displaying the script as the video is being recorded. The most notable tool, however, is the automated video editor. This feature can instantly remove unwanted filler words and pauses with a single click, transforming raw video footage into polished, professional-grade content.
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Vimeo's suite of AI tools has been met with rave reviews from beta testers, who have described it as "magical", "game-changing", and "transformative". Ashraf Alkarmi, Chief Product Officer of Vimeo, shared that it previously took him about two hours to create a high-quality 10-minute video. Now, with the help of the AI video suite, he can achieve the same result in just 12 minutes.
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The new AI Video Suite is a part of Vimeo's initiative to become a comprehensive solution for business video needs. The company is responding to the increasing investment in video for marketing, training, and virtual events by companies of all sizes.
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Alkarmi believes that the AI Video Suite will greatly enhance the democratization of video creation tools. By lowering the barriers to video creation and communication, Vimeo aims to allow more people to connect meaningfully through video, improving video quality and engagement across the platform.

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Vimeo's Vision: The One-Stop Solution for Business Video Needs

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Vimeo is also planning to integrate with other AI solutions to further innovate in the AI space. It believes that AI knowledge is a prerequisite, not a luxury, to video production. Companies need to adapt now and empower their teams to create more efficiently or risk getting left behind.
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