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Lightricks Collaborates with Shutterstock to Revolutionize AI Video Training

Lightricks, a prominent player in AI-driven creative technology, has recently announced an innovative collaboration with Shutterstock, Inc. This partnership marks a significant step forward in their shared vision to expand accessibility to advanced creative tools while ensuring high-quality AI-generated outcomes. The unprecedented integration allows Lightricks to leverage Shutterstock's extensive library of HD and 4K video assets in the training of its open-source generative video model, LTX Video (LTXV).

This initiative, launched on December 13, 2024, stands out as the inaugural alliance under Shutterstock's new 'research license' model. This unique approach is tailored to empower startups and AI companies, providing them with streamlined access to premium curated data without the hefty commitments typically associated with full commercial licenses. It significantly lowers the barriers for emerging companies looking to refine their AI tools using quality resources during their research and development phases.

The co-founder and CEO of Lightricks, Zeev Farbman, expressed enthusiasm about this partnership, stating, "This long-term collaboration with Shutterstock represents a strategic milestone for us, building upon our previous licensing initiatives with key content providers. We are committed to creating powerful, accessible creative tools that elevate the quality and relevance of our generative video offerings for a growing community of professional creators and businesses."

The partnership aligns with Lightricks' mission to democratize creative tools while obtaining high-caliber generative AI outputs. By incorporating licensed video data from Shutterstock, Lightricks is fortifying its training models, ensuring they are based on robust and industry-recognized datasets that honor the creative efforts of filmmakers and broadcasters.

This announcement follows Lightricks' recent release of LTXV 0.9 to the open-source community in November 2024. By integrating Shutterstock's premium video assets, Lightricks aims to prioritize high quality in its upcoming model upgrades, thereby enhancing user experience and advancing their open-source mission.

Daniel Mandell, Shutterstock's Global Director of Data Licensing and AI, emphasized the impact of their innovative research license model, stating, "We empower partners to train their models with trusted and licensed data from the outset. We are excited to collaborate with Lightricks on their cutting-edge video tools and remain committed to delivering the data assets they need for long-term success."

Shutterstock boasts an extensive library comprising over a billion royalty-free media assets—including images, videos, music, 3D models, and templates—making it one of the most extensive datasets available for multimodal training. This collaboration reinforces the capabilities of both companies and signals a strong commitment to fostering innovation in the AI and creative technology landscape.

About Lightricks

Lightricks is a global leader in the development of AI-powered creative tools that empower creators and brands. With groundbreaking products like Facetune, Videoleap, and the newly launched LTX Studio, Lightricks is reshaping the creative frontier.

About Shutterstock, Inc.

Shutterstock, Inc. (NYSE: SSTK) is a premium partner for transformative brands, digital media, and marketing companies worldwide, enabling them to create with confidence. Driven by millions of creators around the globe, Shutterstock is a leading platform for licensing the widest and most diverse collection of high-quality 3D models, videos, music, photographs, vectors, and illustrations. By combining the world's largest content marketplace with up-to-date news and top-tier entertainment editorials, along with an all-in-one content editing platform and studio production services, Shutterstock delivers an unparalleled range of resources to help storytellers bring their narratives to life.