A new AI talking video model called Fabric 1.0 is set to launch from VEED, enabling users to create videos where they or their character can speak using their own voice or a different one. This innovative tool aims to enhance storytelling by making the video creation process easier and more creative, with the launch scheduled for September.

Generative AI startup Hedra Inc. has raised $32 million in Series A funding to enhance its platform that enables creators to generate lifelike character videos using text, audio, and image inputs. With over 3 million users and the recent launch of its Character-3 model, Hedra aims to revolutionize storytelling technology for content creators and marketers. The company plans to expand its research and workforce significantly to drive innovation in character video production.