Veed is a video editing platform that uses Speech AI to help users edit videos more efficiently. Co-founders Sabba Keynejad and Tim Mamedov have created a browser-based platform that makes it easy for everyone to create high-quality videos. The platform uses AssemblyAI’s language-based model to automatically transcribe video content into text, making it easier to edit.
This feature, along with other innovative tools, is revolutionizing the way videos are edited and shared. Veed’s partnership with AssemblyAI has helped them grow and reach a larger audience, with over $40 million in annual recurring revenue (ARR). This development shows the growing importance of AI in creative industries and opens up new opportunities for content creators and video editors.
