As published on assemblyai.com. Captured by usedby on Oct 2, 2026.
What happened
Veed, a browser-based video editing platform, runs user videos through AssemblyAI's speech-to-text model to generate transcripts. It builds AI tools such as Magic Cut on top of that transcript data, so videos can be edited by editing text.
Summary written by usedby from the source page, in English. The figures are those of Assembly AI and Veed.io, not ours.
One of these tools includes Magic Cut, which uses AssemblyAI's industry-leading Universal Speech-to-Text model to "slice up" the video based on the transcript and then create a perfect video based on this text.
Once transcribed, all the video is is just a bunch of text and that's really exciting. It makes the video way more malleable. You can edit a video simply just by editing the text.
What the story claims, and what we checked
We compared the story with its live page on Oct 3, 2026.
- The passage quoted aboveCheckedCopied word for word from the page, near the name of Veed.io.
- Veed.io uses Assembly AICheckedConfirmed line. Latest check across sources: Oct 2, 2026.
- The result itselfNot checkedWe quote it; we did not measure it.






