BP maintains buyback pace and hikes dividend despite challenges

The tech world is buzzing about Adobe's latest efforts in AI. The company plans to add generative AI video tools to its Premiere Pro platform. This will help users generate videos and edit them using text prompts, much like Photoshop’s Generative Fill feature.

These tools include third-party integrations with Runway, Pika Labs, and OpenAI’s Sora models. These integrations will give users more options. With Pika, users can extend shots. Sora and Runway AI will help in generating B-roll for projects.

Adobe's new tools do not have a release date yet. The company only mentioned that they would roll out “this year.”

Silhouette of a man in a suit standing in front of a brightly lit building at night

In a demo video, Adobe showed what its own video model could do. But integrating Premiere Pro with other AI models is not a certainty yet. Adobe called these third-party integrations an “early exploration.” The goal is to provide users with more choices.

Adobe also plans to use its Content Credentials labels on generated clips. These labels will show which AI models were used to create them.

Another exciting update comes from the financial world. The ECB is expected to cut rates in September. European futures are up by 0.2%. The FTSE 100 futures remain flat. In the U.S., two-year Treasuries are at 4.39%. Treasury stateside has seen gains for three straight months. Brent oil is now below $80, down by about 13% since April. The drop can be attributed to China’s market conditions.

These developments show how AI and finance are evolving. Adobe's new AI tools will make video editing easier and more creative. Meanwhile, financial markets are reacting to various factors, including rate cuts and oil prices.

As Adobe moves forward, its new features could become standard in video editing. The upcoming tools and integrations promise more innovation. This could change how content creators work.

In finance, the ECB’s rate cut could impact markets in the coming months. Investors are watching these trends closely. The reactions in futures and oil prices show how global markets are interconnected.

The future looks bright with these advancements in AI and finance. Adobe’s new tools and the ECB’s moves are just the beginning. Both fields are set for more changes and growth.