Shutterstock, Inc. announced a partnership with Lightricks, a leader in AI-powered creative technology, to license its extensive video asset library. This collaboration will enable Lightricks to train its open-source video generation model, LTX Video (LTXV), using high-quality HD and 4K video assets.
This partnership marks the introduction of Shutterstock's 'research license,' an industry-first approach designed to lower the entry barrier for open-source AI model training. This unique licensing option allows startups and AI companies to build and refine AI tools on premium, licensed data before committing to a full commercial license.
Daniel Mandell, Global Head of Data Licensing & AI at Shutterstock, highlighted that the innovative research license empowers partners to train AI models using trusted, licensed data from the start. This initiative leverages Shutterstock's vast library of over one billion royalty-free assets for multimodal model training.
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