CapCut Launches New AI Tools to Help Brands Easily Create Video Ads

CapCut, ByteDance's popular video editing app, is launching new AI-powered business tools for marketers, brands, and creators.

The tools include AI ad script generation, thousands of licensed templates, URL to video converters, and AI presenters for product demos.

Collaboration features allow teams to work together on ads and content.

CapCut's consumer app has grown to 490 million global users, becoming ByteDance's second app to surpass $100M in consumer spending.

The business tools aim to help brands easily create short-form video ads and content for platforms like TikTok without professional editing software.