In this talk, we will discuss the current state in terms of bitrate/quality and complexity of Two Orioles’ Eve video encoder for the VP9 & AV1 video codecs. VP9 provides meaningful quality improvements over H.264 with a mature ecosystem and good target platform support. AV1, on the other hand, provides far superior quality, but with an ecosystem that is still being actively constructed. For both codecs, Eve provides a wide range of speed presets to choose from in terms of bitrate/quality vs. computational complexity, the fastest of which at this moment approach x264 preset=medium / x265 preset=superfast in terms of complexity, but with a better bitrate vs. quality trade-off. Such speed presets allow encoding of high-volume UGC without compression being a cost barrier, thus enabling broad deployment of modern video codecs at scale.