Singapore’s US Lender Reports Slightly Beating Net Income

Adobe is working on a generative AI video model for its Firefly family that will bring new tools to its Premiere Pro video editing platform. These new Firefly tools — alongside some proposed third-party integrations with Runway, Pika Labs, and OpenAI’s Sora models — will allow Premiere Pro users to generate video and add or remove objects using text prompts (just like Photoshop’s Generative Fill feature) and extend the length of video clips.

Unlike many of Adobe’s previous Firefly-related announcements, no release date — beta or otherwise — has been established for the company’s new video generation tools, only that they’ll roll out “this year.” And while the creative software giant showcased what its own video model is currently capable of in an early video demo, its plans to integrate Premiere Pro with AI models from other providers isn’t a certainty.

Glass window of a modern city skyscraper reflecting illuminated dollar signs with a cityscape in the background during sunset.

Adobe instead calls the third-party AI integrations in its video preview an “early exploration” of what these may look like “in the future.” The idea is to provide Premiere Pro users with more choice, according to Adobe, allowing them to use models like Pika to extend shots or Sora or Runway AI when generating B-roll for their projects. Adobe also says its Content Credentials labels can be applied to these generated clips to identify which AI models have been used to generate them.

The target inflation rate is 2%. This means any rate around 2% to 4% is considered manageable. It's important to note the decision-making process behind these numbers. They didn't ease where they didn't need to, but left the option for future adjustments. This provides a buffer and a way to react to market changes without making hasty decisions.

The markets are quick to react to any dovish angle and can show volatility. The election outcome adds another layer of uncertainty. Pro-growth policies can also be pro-inflation, adding a complex dynamic to economic planning. Trade policies might shift based on the election, affecting inflation and growth forecasts. Stability hinges on these factors aligning well. This underscores the need for careful monitoring and responsive measures.