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Lightricks unveils open-source Gen AI model for creating video clips quickly New Products 

Lightricks unveils open-source Gen AI model for creating video clips quickly

Lightricks, the company behind AI-driven storytelling platform LTX Studio and the portrait editor Facetune, announced the release of its open-source video generation model, called LTX Video (LTXV 0.9). With a capability to generate five seconds of high-quality video in only four seconds, LTXV sets a new standard for real-time AI video creation, the company claims. Developed with direct feedback from... Read More
Lightricks’ LTX Studio, the AI visual storytelling platform, now open to all Updates 

Lightricks’ LTX Studio, the AI visual storytelling platform, now open to all

Lightricks, the creators of Facetune and Photoleap, launched LTX Studio, an AI-driven storyboarding and prototyping platform for film and marketing professionals. The platform offers real-time generative and editing solutions, enhanced collaboration tools, and advanced control over character and frame creation. LTX Studio aims to revolutionize visual storytelling with AI, supporting diverse creative needs. Read More
Lightricks pivot to Gen AI brings layoffs to 12% of workforce News 

Lightricks pivot to Gen AI brings layoffs to 12% of workforce

Israeli video and image editing mobile apps developer Lightricks, developer of the popular Facetune app, is changing its business focus to generative AI at the expense of some of its app operations, which have not met growth targets, according to Globes. As part of the move, Lightricks is laying off 70 employees, representing 12% of its global workforce. At one time,... Read More
Lightricks launches generative AI film platform New Products 

Lightricks launches generative AI film platform

AI-based imaging company Lightricks – which publishes the popular photo and video editing apps Facetune, Photoleap, and Videoleap – announced today the upcoming launch of LTX Studio, a generative AI-driven editing platform for video production and filmmaking. The public is invited to join the waitlist to access and be among the first to experience following the March 27 launch event. Lightricks... Read More
Photo app maker Lightricks launches Beatleap music video app New Products 

Photo app maker Lightricks launches Beatleap music video app

App publisher Lightricks – makers of Facetune and Videoleap – launched a new app, Beatleap, in collaboration with music-tech company Epidemic Sound. Beatleap presents audio-driven video editing by automatically matching songs with clips in seconds. Utilizing machine learning, the app determines the exact moment to slow down or speed up a user’s video to align with the beat of the music. Fueled by... Read More
Guest post: 10 best Android photo-editing apps Events Opinion Updates 

Guest post: 10 best Android photo-editing apps

Guest post by Hillary Walker With the widespread use of Smartphones and almost all smartphones having a high-end camera, people are not just satisfied with clicking images. They don’t have that much time to transfer the images to desktop and edit them using Photoshop or Lightroom. People want apps using which they can do all the editing directly from their... Read More
Lightricks raises $135 million in Series C Funding, raises valuation to $1 billion News Press releases 

Lightricks raises $135 million in Series C Funding, raises valuation to $1 billion

Goldman Sachs Private Capital Investing Joins Existing Investors Insight Partners, ClalTech, and Viola Ventures to Propel Lightricks’ New Products, Acquisitions and Global Reach JERUSALEM, July 31, 2019 /PRNewswire/ — Israeli software company, Lightricks, a leading developer of subscription-based content creation tools, announced today that it has raised $135 million in Series C funding at a $1 billion valuation in a round led by Goldman Sachs Private... Read More
Lightricks, the company behind Facetune, launches Swish, a business-boosting app New Products News Press releases 

Lightricks, the company behind Facetune, launches Swish, a business-boosting app

Their latest app, Swish, helps business owners easily create custom videos to market their brands NEW YORK, Jan. 22, 2019 /PRNewswire/ — Just in time for the new year, Lightricks, innovators of digital editing applications for mobile platforms, launched their latest app, Swish. Targeted to small businesses and creators on-the-go, Swish capitalizes on the company’s goal of empowering everyday individuals to... Read More