Another contender is Summarify, an iOS app that uses large language models to quickly summarize video. You can customize summary styles, add video timestamps, create chapter summaries and export in different formats. It also integrates with ChatGPT and OpenAI, so you can tap into the latest AI technology to get more done.
The alternatives can help you handle video better, with some of the same abilities as Video Highlight and some differences that can help you work more efficiently.