Adobe Fires Back with AI Video Generation at MAX

October 15th, 2024

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Read Time: 10 Minutes

Today’s Menu

  • Adobe Fires Back with AI Video Generation at MAX

  • Crypto Regulatory Uncertainty as Bitcoin Steadies Above $66K

Markets

Price

1 Day Change

Bitcoin

$67,974

.8% ⬆️

Ethereum

$2,624

1.3% ⬇️

Solana

$154

.7% ⬇️

TODAY IN AI

Adobe Fires Back with AI Video Generation at MAX

Adobe just unveiled the Firefly Video Model, now in public beta, during its MAX Conference. Firefly can generate cinematic video, animations, text graphics, and b-roll from text prompts.

This update, integrated into Premiere Pro, features “Generative Extend,” enabling seamless clip editing and transitions.

Trained on Adobe Stock and public domain content, Firefly is designed for commercial use.

Adobe also launched over 100 new features across Creative Cloud and tools for enterprise and collaboration, positioning itself to lead in AI-driven content creation.

I have yet to try this one out yet. I do all of my video editing through Descript and BigVU.

I will say that having an editor that automatically generates b-roll is pretty clutch. My video editing skills are pretty rough but this would fill in a lot of the gaps for me.

Btw…

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Today In Crypto

Crypto Regulatory Uncertainty as Bitcoin Steadies Above $66K

Bitcoin reached $66,000 for the first time in three weeks, trading steadily around $65,200-$65,800. The crypto market rose 1.5%, though Vice President Kamala Harris’ campaign speech lacked details on crypto regulation, leaving traders uncertain.

Bitcoin ETFs saw a major inflow of $556 million, the highest in four months, hinting at bullish momentum. Polymarket traders give a 64% chance of a BTC all-time high in 2024.

Meanwhile, SingularityDAO plans to merge with Cogito Finance and SelfKey, forming Singularity Finance to tokenize AI assets.

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