Apple has released Final Cut Pro 11, introducing a series of new features, including AI-driven magnetic masking and Transcribe to Captions. The software will be available for download on Wednesday, with existing users receiving the update for free, while new users will need to pay $300 to download. New features in Final Cut Pro 11 include: Magnetic Masking, which allows for easy cropping of people and objects from videos without relying on green screens.