Descript has launched a new AI-powered editing assistant named Underlord on June 4, 2024. The AI tool is designed to handle tedious parts of video and audio editing, such as fixing mistakes, clarifying recordings, creating viral clips, and translation. The launch also includes a redesigned user interface and additional features like adjusting eye contact, green screen effects, and drafting titles and YouTube descriptions. Descript encourages users to check out Underlord on Product Hunt and provide feedback.