Elai, a privately owned US-based company founded in 2021, develops generative AI technology. Employing approximately 30 people, the company's primary product is a system for creating videos from text input. As of 2023, Elai's annual revenue was less than $10 million.
Organizations face increasing pressure to produce high-impact, scalable video content in multiple languages across various platforms, while managing budget and time constraints. The use of AI offers a potential solution to streamline video production, reduce production time, and maintain high-quality results. AI's transformative potential extends to human resources management, promising time savings and improved outcomes. AI's capabilities continue to advance, finding applications in diverse fields. A separate article emphasizes the importance of employee training to develop skills and foster business growth.
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