#USA #New York #Lightricks #Shutterstock #AI Generative

Lightricks Joins Forces with Shutterstock

In a groundbreaking collaboration, Lightricks, a leading name in AI-powered creative technology, has just formed a partnership with renowned media company Shutterstock. This strategic alliance is set to revolutionize the way AI models are trained by providing Lightricks access to Shutterstock's extensive library of videos. By utilizing high-definition and 4K video resources, Lightricks aims to advance its open-source generative video model, known as LTX Video (LTXV).

Making AI Training More Accessible

The partnership comes with a unique concept—the first ever "research license" from Shutterstock specifically designed for training AI models. This innovative approach signifies a major shift in how startups and businesses engage with AI development. It effectively reduces barriers to entry by allowing access to high-quality video data before transitioning to a comprehensive commercial license. This is essential for both emerging startups and established companies facing challenges when training their AI models.

Zeev Farbman, co-founder and CEO of Lightricks, highlighted the significance of this collaboration, stating, "This long-term partnership is a strategic step that builds on our past licensing initiatives and strengthens our offerings for a growing community of creators."

A Commitment to Quality and Creativity

The integration of Shutterstock’s carefully curated video content will ensure that Lightricks maintains high standards in the quality of results delivered by their generative video tools. By using licensed and reliable data, Lightricks not only enhances its operational framework but also stays committed to respecting the creativity of artists and filmmakers.

Daniel Mandell, global head of data licenses and AI at Shutterstock expressed excitement about the collaboration: "Our innovative research license model allows our partners to train their AI using trusted, licensed data right from the start. We’re thrilled to support Lightricks in their cutting-edge video tools journey."

Expanding Creative Potential

This partnership is about more than just data; it's about empowerment. With the mission of ensuring access to creative tools, Lightricks continues to push the boundaries of what AI can achieve in the creative industry. Their illustrious product lineup, which includes popular tools like Facetune and Videoleap, is set to be enhanced further with the introduction of LTX Studio, thereby transforming the creative landscape.

The LTXV model aims to leverage the vast array of media available in Shutterstock’s collection, which boasts over a billion royalty-free resources, encompassing images, videos, music, 3D models, and templates. This partnership reinforces Lightricks’ position in the market by enhancing the capabilities of its offerings while addressing the needs of modern creators and businesses alike.

Ultimately, the combination of Lightricks' innovative technologies and Shutterstock's invaluable resources opens new avenues for high-quality, AI-generated video production. As both companies forge ahead, they reflect a shared vision of enabling creators to innovate and inspire through better access to advanced tools and reliable data.

In conclusion, this collaboration marks an important step for both entities, underscoring their commitment to developing creative solutions that meet the evolving demands of the digital age, ensuring that every creator has the means to thrive in an increasingly competitive environment.