Renderforest is an Armenia-based startup with leading online video production platform of the same name. In cooperation with Fimetech, another promising Armenian company, Renderforest has released an AI and machine learning-based feature.
The startup team has told Itel.am that their new product is first-of-a-kind in the market.
“By using the information from the previously created animated videos, the automated system creates a new animation with the script provided by the users. This will not only save time on the video production process, but also enable users to choose from several options provided by the system. This feature is available for both subscribed and free users,” said Renderforest.
As of the moment, Renderforest has 8000+ daily signups, more than 3 million users worldwide, and over 10 million created videos.
The company plans to expand application of AI and machine learning-based features, offering on the future not only animated scenes, but licensed photos and videos as well.