technology collaboration
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.
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 extensive media library includes over one billion royalty-free assets spanning:
This robust dataset provides a foundation for training state-of-the-art AI models while safeguarding the intellectual property of content creators.
Lightricks and Shutterstock are positioned to redefine video creation through AI-driven tools. Looking ahead:
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.