Adobe is bolstering its AI tooling portfolio with the acquisition of intelligent text-to-video specialist Rephrase.ai, according to unnamed sources cited by the Economic Times. The move aims to strengthen Adobe’s Creative Cloud portfolio. The acquisition of Indian company Rephrase.ai has not been officially confirmed by either party, with only a LinkedIn post from Rephrase.ai’s owner serving as an indication.
Adobe expands AI video tools with Rephrase.ai acquisition.
