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