The article discusses how Speech AI models can serve as foundational building blocks for advanced AI video editing tools and platforms. It explains that AI video editing replaces traditional software to help users create high-quality videos quickly, offering benefits such as eliminating the tedious manual review process of editing videos, discovering important sections of videos to create highlights and summaries, and adding captions to videos for better accessibility and compliance. The article then delves into three main components of Speech AI: AI Speech-to-Text, Audio Intelligence, and Large Language Models (LLMs). It further explores how these components can improve AI video editing by automatically adding captions, supporting video searchability and indexing, and unlocking insights for smarter collaboration.