CapCut is an AI-assisted photo and video editor aimed at creators making content for platforms such as YouTube, Instagram and TikTok. It includes automatic captions, text-to-speech, background removal, templates and AI generators for images and video. CapCut is available as a web editor (CapCut Online), as a desktop application, as a mobile app and for tablets. There is a free version and a paid Pro version with cloud storage.
CapCut is developed by ByteDance, the parent company of TikTok. It was first released in China in 2019 as JianYing and renamed CapCut in 2020. ByteDance is headquartered in Beijing and, according to Wikipedia, incorporated in the Cayman Islands. In the United States, the terms of service name TikTok USDS Joint Venture LLC as the provider. The software is proprietary and not open source. The sources consulted do not state where data of European users is stored. A European organisation should establish the storage location and the data controller itself.