According to a report from Zhanchang Home, the photo editing app Picsart, backed by SoftBank, has launched a suite of AI tools called Ignite, featuring over 20 AI tools designed to inspire user creativity and help businesses and individuals expedite the creation of digital content. The suite offers various AI-powered image editing features, as well as the ability to generate GIFs and stickers from text. Picsart appears to be undergoing a transformation, shifting from traditional consumer-focused photo editing to a platform catering to the digital content creation needs of businesses.