Cineverse Launches ‘Matchpoint AI’ Streaming Video Tools Platform
July 26, 2023
Cineverse July 26 announced the release of Matchpoint AI, an artificial intelligence-based platform for third-party video content producers, streaming platforms and OEMs.
The global AI media and entertainment market size is expected to reach nearly $100 billion in value by 2030, according to a new report by Grand View Research. The market is projected to grow to at 26.9% annually.
Using proprietary and pre-integrated third-party tools, Matchpoint AI
With more than 4,500 streaming services across 180 countries, companies face unprecedented issues in scale processing of even modest-sized content libraries, according to Cineverse.
“Matchpoint AI is a watershed moment in the video streaming industry, offering a plethora of unmatched AI capabilities under one roof,” Dr. Sudeept Bhatnagar, head of R&D at Cineverse, said in a statement.
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Cineverse is also evaluating tools to automate cleaning, scaling and restoring video content, and is developing new generative AI tools to help users create timed edits, trailers and enhanced promotional content.
“Matchpoint AI represents a monumental leap forward in the streaming industry, delivering unrivaled scalability and robustness,” Marcus Bergström, CEO of Vionlabs, an AI partner with Cineverse, said in a statement.