Lightricks has released an AI model called LTX Video (LTXV) it says generates five seconds of 768 x 512 resolution video (121 frames) in just four seconds, outputting in less time than it takes to watch. The model can run on consumer-grade hardware and is open source, positioning Lightricks as a mass market challenger to firms like Adobe, OpenAI, Google and their proprietary systems. “It’s time for an open-sourced video model that the global academic and developer community can build on and help shape the future of AI video,” Lightricks co-founder and CEO Zeev Farbman said. Continue reading Lightricks LTX Video Model Impresses with Speed and Motion

Lightricks, the company behind apps including Facetune, Photoleap and Videoleap, has come up with a text-to-video tool called LTX Studio that it is being positioned as a turnkey AI tool for filmmakers and other creators. “From concept to creation,” the new app aims to enable “the transformation of a single idea into a cohesive, AI-generated video.” Currently waitlisted, Lightricks says it will make the web-based tool available to the public for free, at least initially, beginning in April, allowing users to “direct each scene down to specific camera angles with specialized AI.” Continue reading Lightricks LTX Studio Is a Text-to-Video Filmmaking Platform

Microsoft, Magic Leap, Facebook and other companies are working on technologies that may soon make video conferencing obsolete in favor of wearable face computers that permit VR conferencing. Some idealists picture a future where everyone will communicate via a digital persona, not a huge leap for those already using social networks for professional endeavors. A solution such as AltspaceVR allows the user to create avatars that are “cautiously cartoonish,” rather than going after realism, with customizable skin and eye colors. Continue reading Virtual Reality Avatars May Soon Replace Video Conferencing