On the video above by photographer Rafael Concepcion (from Kelby Training) you’ll find some helpful info on the new 32bit HDR feature in Photoshop cc (also available in Lightroom 5). Having 32Bit High Dynamic Range is a very powerful feature – allowing you to play with up to 10 stops (instead of 5 up until now). Together with the ability to correct and change localized areas in an image inside camera RAW even before going to Photoshop, it makes for a huge power multiplier and time saver for photographers.
Bellow you can see a more in-depth look on the same topic by Blake Rudis from everydayhdr if you feel like diving a little bit deeper into this topic.
You can find many more Photoshop video tutorials on LensVid’s Photoshop section.