SoftBank-backed Picsart launches the Ignite suite, featuring over 20 AI tools designed to inspire creativity and expedite the creation of digital content. This comprehensive solution is applicable for crafting GIFs, stickers, avatars, advertisements, logos, and more, catering to both businesses and individuals. Picsart offers powerful yet user-friendly tools through AI technology to assist users in transforming their creative ideas into stunning visual content, whether for business advertising, social media posts, or other purposes. This initiative propels the development of the digital content creation field, leveraging generative AI to help businesses meet their digital content needs, akin to the functionalities of Adobe and Canva. Picsart's AI tools have garnered positive feedback, being used to generate over 2 million images daily. The global content creation market, driven by technological advancements, is projected to reach $698 billion by 2030, with a growth rate of 13.5%.