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VentureBeat
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Lightricks bets on open-source AI video to challenge Big Tech
- Lightricks has released LTX Video, an open-source artificial intelligence (AI) model capable of generating high-quality video in real-time that could challenge the dominance of proprietary systems such as OpenAI, Adobe and Google.
- Lightricks produced and launched the model, which has two billion parameters, hoping to spur innovation and accessibility in the burgeoning generative AI sector.
- With LTXV, Lightricks produces high-quality video up to 121 frames at 768 x 512 resolution in just four seconds on just Nvidia’s H100 GPUs.
- Competing head-on with tech heavyweights such as Adobe and Autodesk, Lightricks has placed its LTXV model on both GitHub and Hugging Face to allow initial previews and testing before the eventual full release under the OpenRAIL license.
- Lightricks’s model will be freely available for academic and commercial use.
- Lightricks’s goal is to make professional-grade generative video technology open and accessible for all industries such as gaming and e-commerce, and for creators and researchers.
- As the future of AI video is up for grabs, Lightricks is hoping that collaboration and openness may prove the ultimate competitive advantage.
- The model has a Diffusion Transformer architecture that ensures smooth motion and structural consistency between frames, reacts quickly, and generates high-quality results on affordable hardware.
- Lightrick’s LTXV stands out due to its speed, which is achieved without sacrificing quality, giving studios and creators greater flexibility in generating high-quality results with rapid design cycles.
- There is growing disagreement in the AI industry between open-source and proprietary voices. Lightricks believes that open innovation is crucial for smaller participants aiming to compete in an increasingly closed, proprietary world.
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