Instagram Launches First Draft Tool to Auto-Edit Reels for Creators

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Instagram announced on Tuesday the rollout of a new editing feature called First Draft for its Reels video format. The tool automatically trims selected video clips and removes pauses to assemble an initial cut from the best moments. The announcement was made via a post on Threads, Meta's text-based social platform. First Draft is designed to reduce the time and effort creators spend on the early stages of video editing. The feature aims to streamline the Reels creation process by handling basic cutting tasks automatically.

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India's Ringg raises $10M from Peak XV in Series A extension for voice AI

Indian voice AI startup Ringg has secured $10 million in funding from Peak XV Partners as part of a Series A extension round. The company is focused on expanding its voice AI capabilities beyond traditional phone calls. The investment signals growing investor confidence in conversational AI solutions tailored for the Indian market. Peak XV's backing is expected to help Ringg scale its technology and broaden its product offerings.

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OpenAI Loses Senior Data Center Executive Amid Ongoing Leadership Exits

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