Shutterstocks' partnership with Lightricks is the first of a new data licensing approach that builds new ways for training AI models
JERUSALEM and NEW YORK, Dec. 13, 2024 /CNW/ -- Lightricks, a global leader of AI-powered creative technology, today announced it is partnering with Shutterstock, Inc. (NYSE:SSTK) to license and use Shutterstock's extensive video asset library. This collaboration will empower Lightricks to train its open-source video generation model, LTX Video (LTXV), using high-quality HD and 4K video assets. Lightricks is the first global partner to train on Shutterstock's industry-first "research license," a unique option that reduces the entry barrier for open-source model training.
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