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Magisto Video Uses Artificial Intelligence to Edit Clips, Get $13 Million Infusion

An Israeli startup called Magisto makes it easielcr to edit and share home videos. The service uses artificial intelligence to pick the best bits of video, stitch them together, and set them to music. The company calls it “video storytelling,” and it claims some 13 million customers. It just landed a new $13 million from Qualcomm Ventures and SanDisk Ventures. 

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