GoDaddy Launches AI-Powered Instant Video Capabilities

GoDaddy Inc. GDDY launched an AI-Powered instant video capability to help small business owners become confident content creators. 

Instant Video, available within the GoDaddy Studio app, can boost video-based digital marketing and social commerce with no additional cost. 

"Branded video marketing is key to standing out online and GoDaddy Studio's AI-powered Instant Video makes it easy for small business owners to create social media and video content quickly, without the need to be tech-savvy," said Laka Sriram, Vice President of Product Management for GoDaddy. 

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With the addition of AI, GoDaddy Studio customers can now choose the most relevant video style and create and post watermark-free, influencer-quality videos, acting as the perfect companion for social media promotion.

The app also uses AI to auto-generate slogans based on the video clips or images users upload.

"By using the latest technology, entrepreneurs will now be better equipped to maximize social media platforms' algorithms, which favor videos, and increase engagement to grow their business." 

Price Action: GDDY shares are trading lower by 0.38% to $70.72 on the last check Tuesday.