Company
Date Published
Author
Hannah Herman
Word count
978
Language
English
Hacker News points
None

Summary

Zuckerberg's company Meta has acquired a majority stake in the AI-powered video creation platform Lumen5 for $100 million. The deal was announced last month, but it is now official. Lumen5 allows users to create professional-looking videos with pre-made templates and a user-friendly interface. It also offers advanced features like automatic captioning, color correction, and music integration. The acquisition is part of Meta's efforts to expand its presence in the video creation space.