Lightricks, the company behind the Facetune and Videoleap apps, has released a new video model called LTX Video, or LTXV, that generates what the company describes as high-quality AI video at speeds up to 30 times faster than competing products, and does it using consumer-grade hardware. The open-source, 13-billion parameter model achieves such efficiency by utilizing an approach called multiscale rendering, which generates video in progressively detailed layers. The program can run on high-end laptops and standard desktop computers, opening up generative video to an audience beyond those who have access to enterprise equipment. Continue reading Lightricks LTXV Makes Video Generation Faster and Cheaper

Online graphic design platform Freepik, has unveiled F Lite, a text-to-image generator that the company says was trained only on licensed content, making it safe for commercial use. The 10 billion-parameter F Lite — currently available in two openly-licensed versions — was developed in partnership with Fal.ai, a San Francisco-based AI startup that uses a proprietary inference engine and APIs to enable fast training, inference, and scaling of image, video, audio, and multimodal AI models. Freepik Head of AI Iván de Prado describes F Lite as “a significant milestone in open, responsible AI.” Continue reading Freepik Introduces a Responsibly Trained AI Image Generator

During Nvidia’s GTC AI Conference in San Jose earlier this month, VP and GM of Media & Entertainment Richard Kerris presented the Nvidia Media2 initiative that builds on the company’s Blackwell GPU foundation to enable real-time AI solutions for all aspects of media production workflows. His talk showcased a broad range of generative AI breakthroughs in real-time ray tracing and VFX, video search and summarization, and musically-based sound effects (SFX). Kerris also shared insights on the media industry’s reception to AI thus far and humbly implored the audience to consider using such technology as an effective new tool for storytelling. Continue reading Nvidia Forges AI Initiative to Streamline Production Workflows

Stability AI is in the first stage of release of Stable Diffusion, a text-to-image generator similar in functionality to OpenAI’s DALL-E 2, with one important distinction: this open-source newcomer lacks the filters that prevent the earlier system from creating images of public figures or content deemed excessively toxic. Last week the Stable Diffusion code was made available to just over a thousand researchers and the Los Altos-based startup anticipates a public release in the coming weeks. The unfettered unleashing of a powerful imaging system has stirred controversy in the AI community, raising ethical questions. Continue reading Stability AI Releases Stable Diffusion Text-to-Image Generator