Descript Stock

descript.comConsumer & Lifestyle / MediaFounded: 2017Funding to Date: $102.62MM

Descript makes it faster, easier, and more fun to create content and allows bloggers, podcasters, and businesses to record and edit multitrack videos with titles, transitions, image and video overlays, animations, and more.

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News Highlights

Descript Introduces Groundbreaking AI Features for Enhanced Audio and Video Editing
Descript, a leader in integrating AI into practical applications, has announced a series of new AI features aimed at improving audio and video editing. The features, which will be released incrementally over the coming weeks, include an upgraded AI voice tool, a chapter generator, a summarizer, a social post writer, and a versatile tool that offers writing tips and title suggestions. These tools are expected to enhance content creation for small businesses and content creators by saving time and effort.
7 Game-changing Startups in OpenAI’s Investment Portfolio
OpenAI, the artificial intelligence research lab, has invested in seven startups through its OpenAI Startup Fund, which was launched with plans to invest $100 million in AI startups. The companies, which operate in sectors including robotics, legal, and education, have collectively raised hundreds of millions of dollars. OpenAI CEO Sam Altman has committed to further investments in startups around the world to boost AI development.
Podcast Startup Descript Makes Recording Addition To Their Squad
Descript, a service that enables users to edit podcasts and video through text, has acquired remote recording company SquadCast. This will provide Descript users with the capability to record multiple online participants, test sound levels and back up recordings in the cloud. The terms of the acquisition were not disclosed.
Updated on: Feb 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.