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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

GaryPageau , , ,
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
IDC: Worldwide Gen AI smartphone shipments forecast to reach 70% of themarket by 2028 Market research 

IDC: Worldwide Gen AI smartphone shipments forecast to reach 70% of themarket by 2028

GaryPageau , ,
The future of the smartphone industry is set to be transformed as worldwide generative AI (GenAI) smartphone shipments are forecast to grow 363.6% year over year in 2024 to 234.2 million units, according to a new International Data Corporation (IDC) forecast. This represents 19% of the overall smartphone market in 2024. IDC defines GenAI smartphones as devices that feature a... Read More