India, June 25 -- Adobe Inc. (ADBE), the digital media major, Thursday announced that it has agreed to acquire Topaz Labs, an AI company specializing in industry-leading video and image enhancement models.
The financial details of the acquisition have not been divulged.
As per Adobe, Topaz Labs develops professional quality AI video and image enhancement models and tools and has developed proprietary AI models to support professional video use cases such as upscaling, sharpening, stabilization, frame interpolation, noise removal, footage restoration and more.
With this acquisition, Adobe intends to expand its video and image model offerings with state-of-the-art AI enhancement models in Adobe Firefly, Firefly Services and Creative Cloud ...