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Lightricks just made AI video generation 30x faster — and you won’t need a $10,000 GPU
- Lightricks has introduced the LTX Video 13-billion-parameter model, which allows for fast AI video generation on consumer-grade hardware.
- The LTXV-13B model utilizes multiscale rendering to generate high-quality videos in progressive layers of detail, providing efficiency and saving costs for users.
- Unlike other leading models that require enterprise GPUs, LTXV-13B can run on consumer-grade GPUs like Nvidia's gaming hardware.
- The model's efficiency is attributed to its multiscale rendering approach, which generates details gradually, optimizing VRAM usage.
- LTXV-13B features a compressed latent space that reduces memory requirements while maintaining video quality.
- Lightricks has made LTXV-13B fully open source, available on platforms like Hugging Face and GitHub, to encourage research and development in the AI community.
- Partnerships with Getty Images and Shutterstock provide Lightricks access to licensed content for model training, reducing legal risks for commercial applications.
- Lightricks offers LTXV-13B free to license for enterprises with under $10 million in annual revenue, aiming to build a community and demonstrate the model's value.
- The company plans to negotiate licensing agreements with larger companies that find success with the model, following a similar approach to game engines.
- While LTXV-13B represents advancements in AI video generation, Lightricks acknowledges limitations compared to Hollywood movies, with practical applications in animation and production.
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