How This Startup Helps Users Generate Videos Without Breaking The Bank
The Information
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Generative AI
Open Source AI
Despite OpenAI’s decision to shutter Sora, other AI video developers aren’t giving up. Instead, they’re finding interesting new ways to make money from their video-generating models. Take LTX - a spinoff from Lightricks, the company behind the popular image editing app Facetune - which in January launched open-source AI software for video generation and editing that can run on a single laptop. People often use “open-source” and “free” interchangeably, but it’s not unheard of for developers of open-source software to require payment or other considerations from users in certain situations.