Bobby Sharma from Bluestone Equity Partners discusses his recent investment in an AI video editing company, sharing his 2024 outlook on "Bloomberg."
Bobby Sharma discusses Videoverse, an AI-powered company founded in India and based in California, which automates the creation of short-form content and highlights from live and long-form content using its product, Magnify. Videoverse collaborates with high-profile clients like the Champions League, Wimbledon, and the U.S. Open, reducing costs and time by automating processes that typically require extensive human labor. Magnify's technology enables real-time highlight generation and advanced search capabilities for video content. This innovation enhances fan engagement, particularly among younger generations, by providing instant highlights and potentially creating new revenue streams.—Patricia Woodsworth