#video
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Popular AI Video Editing Tools for Social Media Content in 2024
Not having video editing skills, professional equipment, or a perfect room background is no longer a reason not to bring your video idea to life in 2024. Different AI tools have easy features that add effects, improve quality, or fix specific parts of a video. 
Testing AI Transcription Tools
Automatic transcription of audio and video recordings is becoming increasingly popular among journalists, podcasters, and bloggers who want to convert their voice recordings into text quickly. Just a few years ago, this task had to be done manually, requiring significant time and effort. 
Introducing a New Neural Network for Video Generation
Deepmind alumni Yishu Miao and Ziyu Wang have launched their own neural network, Haiper, designed for generating videos from text inputs. In a notable departure from OpenAI's competing Sora model, Haiper is already available for all users free of charge, albeit with limitations on the duration of the videos. The Growing Threat of Deepfake Video and Audio Calls
Envision a business call where a scammer, with convincing accuracy, pretends to be your boss to access confidential info or company funds. Being duped by such a deepfake and falling prey to fraud is simpler than you might assume, as AI now enables the creation of real-time, realistic videos. 
Celebrity Crypto Craze Continues
American rapper Waka Flocka Flame (born Juaquin Malphurs) has launched his own cryptocurrency token, FLOCKA, on the Solana blockchain. He announced the coin on X with a video declaring "We live right now," which has already garnered over 280,000 views from his 1.8 million followers. Evolved Apes Creators Face U.S. Prosecution
U.S. authorities have brought charges against three British nationals, the creators of the NFT project Evolved Apes, for conspiracy to commit fraud and money laundering. Investigators claim that Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan promised to develop a video game but disappeared just two weeks after the fundraising. Adobe Develops a New AI Video Model
Adobe is working on a new artificial intelligence model from the Firefly family, set to be integrated into Adobe Premiere Pro. This tool will enable users to create videos based on textual queries, manipulate objects within the footage, and expand the length of video recordings. OpenAI Unveils its New Video-Generation Model Sora
OpenAI has introduced a new neural network named Sora, capable of generating high-quality videos up to one minute long based on textual prompts. Initially, this technology will undergo testing by a select group of users, including researchers and artists, before being rolled out to the general public. 
