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Lightricks Partners with Shutterstock to Enhance AI Video Generation

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Lightricks Partners with Shutterstock to Enhance AI Video Generation

Lightricks Partners with Shutterstock to Enhance AI Video Generation

PRWeb

Published on : Dec 17, 2024

Lightricks, a leader in AI-powered creative technology, has announced a strategic partnership with Shutterstock, Inc.. This collaboration enables Lightricks to train its open-source video generation model, LTX Video (LTXV), using Shutterstock's extensive library of premium HD and 4K video assets.

This partnership marks a significant milestone, as Lightricks becomes the first global partner to leverage Shutterstock’s industry-first "research license" model, which reduces the cost barrier for training open-source AI models.

Key Highlights of the Partnership

1. Research License for Open-Source Innovation

  • Lightricks is using Shutterstock's innovative "research license," designed for startups and AI companies to train tools on high-quality, licensed data before committing to a full commercial license.
  • This model provides an accessible, cost-effective solution for AI model development, particularly in the early stages of research and refinement.

2. Empowering AI Video Generation with Shutterstock Assets

  • The collaboration enhances Lightricks’ ability to train its AI models using Shutterstock's premium HD and 4K video library.
  • By integrating trusted, licensed data, the LTXV model ensures robust training results while respecting content creators’ rights.

3. Advancing Open-Source Initiatives

  • Following the release of LTXV 0.9 to the open-source community in November 2024, Lightricks aims to prioritize quality in its next model update by incorporating Shutterstock’s diverse and expansive video datasets.

Leadership Insights

Zeev Farbman, Co-founder and CEO of Lightricks, emphasized:
"This collaboration builds on our commitment to creating powerful, accessible creative tools. Leveraging Shutterstock’s premium video data enhances our generative video tools for professional creators and enterprises alike."

Daniel Mandell, Global Head of Data Licensing & AI at Shutterstock, added:
"Our research license empowers partners to train AI models with licensed, trusted data. We’re excited to support Lightricks in driving innovation in video generation."

Shutterstock’s Role in AI Innovation

Shutterstock’s extensive media library includes over one billion royalty-free assets spanning:

  • Images and Videos: HD and 4K quality content for diverse applications.
  • Music and 3D Models: Supporting multimodal AI model training.
  • Templates: Streamlining creative workflows.

This robust dataset provides a foundation for training state-of-the-art AI models while safeguarding the intellectual property of content creators.

The Impact on Generative AI Video Tools

For Creators

  • Access to high-quality AI-powered tools that simplify video production while enhancing creativity.
  • Faster workflows and improved results for professional video creators and enterprises.

For AI Development

  • A cost-effective framework for startups and established companies to refine generative AI models.
  • Improved scalability and reliability in AI-powered video generation.

Future Outlook

Lightricks and Shutterstock are positioned to redefine video creation through AI-driven tools. Looking ahead:

  • Lightricks will integrate Shutterstock’s datasets into future versions of the LTXV model, focusing on quality and user experience.
  • Shutterstock continues to innovate with its research license model, fostering collaboration with AI companies worldwide.

This partnership underscores Lightricks’ mission to democratize creative technology and Shutterstock’s commitment to supporting innovation in AI. By combining forces, they are paving the way for a new era in generative AI video tools, delivering exceptional value to creators and enterprises alike.

Explore the future of video creation with Lightricks and Shutterstock.