Social media video platform YouTube is adding more AI features, starting with Veo 3, Google’s (GOOGL) powerful video generator. Starting Tuesday, people in the U.S., Canada, the U.K., and other countries can use Veo 3 to make eight-second vertical videos in different styles and moods. YouTube is also launching other AI tools for Shorts, like editing videos automatically, adding moving objects, changing the style to look more artistic, or turning a line of dialogue into a song. These AI-generated videos will be labeled as such in their descriptions, but users won’t have a way to block them from their feed.
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Veo 3 was originally launched in May for people who paid for Google’s AI service, and it quickly impressed people with how well it creates both video and sound. When YouTube tested it using simple prompts like showing a person’s office routine, the results looked good, even though there were small issues, like a person’s mouth moving without sound. The YouTube version of Veo 3 is easier and faster to use, though it runs at a lower resolution than the paid version.
AI is also coming to YouTube’s podcast platform, which became the most-used app for podcast listeners last year. The new tools will help podcasters pick out the best parts of a video to turn into clips or Shorts, and even convert audio-only shows into videos. Still, it’s not clear how people will react to all this AI content. Some analysts say viewers are unsure about AI but still interact with it. Meanwhile, companies keep pushing forward. For example, Meta launched an AI app in April and plans to let brands make AI-generated ads next year, while OpenAI is working on an AI-made movie.
Is Google Stock a Good Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 28 Buys and nine Holds assigned in the past three months. Furthermore, the average GOOGL price target of $235.97 per share implies 6.2% downside risk.
