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With DeepCraft, Picsart is particularly interested in how the team's skillset and technology expertise can help it move forward with its support of video, which the company says will be a significant focus in 2022. Meanwhile, Hovhannisyan spent 13 years as a senior R&D engineer at Synopsys.
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Abroyan previously held positions as the Deputy Minister for the Ministry of High Tech Industry Republic of Armenia, Lead AI Architect at RedKite and Senior Software Developer at Synopsys. Its co-founders, Armen Abroyan (CEO) and Vardges Hovhannisyan (CTO) have spent more than 20 years in AI and machine learning, and are well-known in their local community for their expertise. The team will also help to complement Picsart's AI research and development arm, PAIR (Picsart AI Research) with additional senior resources, the company says.įounded in 2017, Armenia-based DeepCraft specialized in video and image processing, while Picsart was the country's first unicorn. The company believes DeepCraft's AI technical talent and its breakthroughs in computer vision and machine learning will enhance Picsart's own AI technology and help the company better support the recent growth of video creation on its service. Picsart today offers a range of digital creation and editing tools aimed at both consumers and professionals alike that make photo and video editing more fun and approachable. The deal is a combination of both cash and stock and is in the seven-figure range, but the exact terms aren't being disclosed.
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Any unused portion of a free trial period will be forfeited when you purchase a subscription.SoftBank-based digital creation platform Picsart, which recently hit uniciorn status, announced today it's acquiring the research and development company DeepCraft. Refunds will not be provided for any unused portion of the term. Your Picsart Gold subscription will automatically renew at the end of each term and your credit card will be charged through your Microsoft account unless you unsubscribe. Payment will be charged to your Windows account at confirmation of purchase. Any unused portion of a free trial period will be forfeited when you purchase a subscription. Get all the top features, all at your fingertips. The Picsart Gold subscription grants access to NEW EXCLUSIVE content all the time. Play with Doodle Art and scribble away for hours Start with a blank canvas to create art and illustrations from scratch
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Use customizable brushes, layers, & pro drawing tools Create great double exposure edits by layering images together Tap Brushes to layer objects like hearts, confetti, glitter, and more onto your photos Cartoon yourself in seconds with amazing Magic effects Make Drip Art with dripping effect stickers & customize the blend mode Turn portraits into artistic masterpieces with Canvas effects Outline selfies with the popular Sketch effects Make your own clipart and create unique custom stickers
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Download any sticker for free and use it instantly Add stickers to pictures to turn up the fun level on your edits Discover over 60+ million Picsart stickers
Try a large collection of impressive photo grid collages Create on-trend photo collages with your favorite pictures Use the Polygon tool to add geometric shapes onto your images Warp space and time in two easy steps with the Pixel Stretch tool Try beautifully designed Templates for holidays and special occasions Layer your images to achieve multi-dimensional edits Change up the colors of your pictures and access other easy image adjustment tools
Add text to photos with 200+ designer fonts Use millions of curated, free images or edit your own pictures Clean up pictures and remove unwanted objects with the Remove Object tool Use the Background Eraser to erase and replace backgrounds Tap trending filters and popular photo effects, including an exclusive collection for MS users Picsart is your go-to, all-in-one editor with all the tools you need to give your content a personal flair and make it stand out. Make professional-level collages access beautifully designed templates, design and add stickers, quickly remove and swap backgrounds, try popular filters and effects, and do so much more. With the Picsart photo editor and video editor, you can bring your creative vision to life.
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Get the PC version of Picsart and join the global community of over 150 million creators.