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Lightricks Launches 13B Parameters LTX Video Model, Breakthrough Rendering Approach Generates High-quality, Efficient AI Video 30X Faster Than Comparable Models

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JERUSALEM and NEW YORK, May 6, 2025 /PRNewswire/ — Lightricks, a leader in AI-driven content creation technology, today announced the release of its LTX Video 13-billion-parameter model (LTXV-13B) – which may be the most advanced and efficient AI video generation model to date. This substantial upgrade dramatically increases quality while maintaining LTXV’s unparalleled speed generating AI videos. The 13B model is available within the company’s flagship storytelling platform, LTX Studio, shared with the open community and is being integrated across the Lightricks portfolio.

LTXV-13B introduces “multiscale rendering,” a major technical breakthrough that delivers both speed and quality through a layered process. The model drafts in lower detail first to capture coarse motion using fewer resources. This draft then guides the next stages, where the model progressively adds structure, lighting, and micro-motion (and spending time where it matters most). The result is high-fidelity video built through deliberate, multi-scale generation, with render times that can be more than 30X faster than comparable models – without compromising visual realism.

The new 13B model represents a significant leap forward in Lightricks’ generative AI capabilities, offering creators the ability to produce videos with stunning detail, coherence, and control. It utilizes the latest advancements in academia and the open source community, including unsampling controls and spatiotemporal guidance for video editing, and kernel optimization for running speeds.

Unlike other models that demand enterprise-grade GPU (and long rendering times), LTXV-13B delivers studio level video at unmatched speed, even on devices that creators already own, which differentiates LTX Video in the marketplace.

“The introduction of our 13B parameter LTX Video model marks a pivotal moment in AI video generation with the ability to generate fast, high-quality videos on consumer GPUs,” said Zeev Farbman, co-founder and CEO of Lightricks. “Our users can now create content with more consistency, better quality, and tighter control. This new version of LTX Video runs on consumer hardware, while staying true to what makes all our products different – speed, creativity, and usability.”

While developing and refining the 13B model, Lightricks entered into a strategic partnership with leading media asset provider Getty Images. In December 2024, Lightricks entered an agreement with Shutterstock to leverage their licensed content. These kinds of collaborations have given Lightricks access to an extensive library of high-quality video assets for model training, reinforcing its mission to build ethically trained, visually compelling, and commercially safe generative tools.

The LTXV-13B model now empowers creators with even more control and flexibility, seamlessly supporting all of the platform’s advanced creative tools, including:

Keyframe editingCamera motion controlCharacter and scene-level motion adjustmentMulti-shot sequencing and editing

In support of startups and small businesses, Lightricks is offering the 13B model free to license for enterprises with under $10 million in annual revenue. This initiative and the release of all LTXV models in open source reflect Lightricks’ commitment to making cutting-edge generative AI accessible to the next generation of creative companies and innovators. Open source versions of LTXV are available on Hugging Face (LTX-Video) and GitHub (LTX-Video).

“By consistently refining our models and working with the open community, we’ve built an AI system that generates physically natural movement while preserving artistic control,” added Yoav HaCohen, Director of LTX Video at Lightricks.

Since launching LTX Video in November 2024, Lightricks has collaborated with researchers and open-source contributors to improve motion consistency, scene coherence, and creative adaptability. Key open-source advancements in LTXV-13B include:

VACE Model Inference – advanced video generation and editing tools, including reference-to-video (R2V). Details on GitHubUnsampling Controls for Video Editing – Tools that reverse noise and refine frame granularity. Details on GitHub.Kernel Optimization – Efficient Q8 kernel usage allows performance scaling on lower-resource devices. Details on GitHub and HuggingFace.

With a growing library of models designed for diverse creative needs and a commitment to open development, Lightricks is shaping the future of generative AI video, bridging research-driven breakthroughs with real-world application. For more information about Lightricks, its products, technology, and open-source initiatives, visit www.lightricks.com.

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SOURCE Lightricks

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Quote.com Announces New Senior Leadership Additions

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ST. PETERSBURG, Fla., April 22, 2026 /PRNewswire/ — Quote.com, a leading tech-enabled, omnichannel performance marketing organization, today announced the addition of two new executive team members to support the company’s continued growth and strategic expansion. Chase Nichols joins as Chief Marketing Officer and Ben Hochstetler as Senior Vice President of Marketing.

Quote.com announced the addition of two new executive team members, Chase Nichols and Ben Hochstetler.

The appointments strengthen Quote.com’s leadership team as the company continues to invest in execution, growth, and expanding its ability to help consumers access insurance solutions more easily and efficiently. “We are excited to welcome Chase and Ben to the Quote.com leadership team,” said Nick Stommes, Chief Executive Officer at Quote.com. “Both bring deep industry expertise, experienced execution capability, and a strong focus on operational excellence that will help accelerate our growth while improving how consumers access and compare insurance options. Their leadership will play a critical role at Quote.com as we continue scaling our platform and strengthening our partnerships.”

Chase Nichols joins Quote.com as Chief Marketing Officer; Chase is responsible for all performance marketing planning, organization, and execution, and is focused on driving efficient, measurable consumer touchpoints. With nearly two decades of experience in financial services and performance marketing environments, he brings a data-first approach to scaling growth while balancing brand development and direct-response marketing.

Ben Hochstetler joins as Senior Vice President of Marketing, leading digital marketing strategy and execution across Quote.com’s omnichannel performance marketing footprint. He brings more than 15 years of experience building and scaling performance marketing execution in highly competitive and regulated markets.

About Quote.com

Quote.com is a tech-enabled omnichannel performance marketing organization that delivers high-quality, mission-critical demand at scale to industry-leading partners. The company serves customers across multiple insurance verticals, including auto, home, life, and Medicare insurance. Quote.com provides significant value to consumers by providing an independent, third-party comparison-shopping experience.

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SOURCE Quote.com

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Young Voices Across Oceans: Telling China’s Story Fiji Special Showcases GDI Achievements

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SHENZHEN, China, April 22, 2026 /PRNewswire/ — This year marks the 5th anniversary of the Global Development Initiative (GDI). Shenzhen Media Group’s “Telling China’s Story” program presents a special Fiji season, taking the perspective of young Chinese people to the Pacific island nation of Fiji. It documents the implementation of numerous cooperative projects which are smaller in scale but well-designed, showcasing the heartwarming stories and broad prospects of China and Fiji working together to promote common development and share the fruits of cooperation, vividly illustrating the practical achievements of the GDI.

 

The program will air from April 20th to 22nd, 2026. The first episode features Chinese actor Zhao Xiaotong, food blogger Yang Beichuan, and Wu Dongwei, a doctoral student at China Agricultural University, who visit the China-Fiji Juncao Technology Demonstration Center in Nadi, Fiji, to explore how this “Happiness Juncao” from China has taken root and grown in the South Pacific island nation, benefiting people’s livelihoods.

This “Happiness Juncao” has yielded “win-win results” in Fiji, bringing tangible changes to local families. Internet technology engineer Ashmir not only gained a stable income by learning Juncao (a type of grass cultivation) to grow mushrooms, but also successfully paid off his car loan.

During this filming, a “Mushroom Team” of young Chinese people joined Ashmir in a Fijian market to promote mushroom dishes and introduce locals to various new ways to enjoy mushrooms. The humble mushroom became a bond of friendship across mountains and seas, conveying the warm sentiments of mutual understanding between the Chinese and Fijian people amidst the bustling market atmosphere.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/young-voices-across-oceans-telling-chinas-story-fiji-special-showcases-gdi-achievements-302750267.html

SOURCE Shenzhen Media Group

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Laminar Wins Gold 2026 Edison Award for Physical AI that Powers the Self-Driving Factory

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Top honor recognizes Laminar’s innovation and transformation in the CPG manufacturing industry

BOSTON, April 22, 2026 /CNW/ — Laminar, a physical AI solution helping the world’s leading manufacturers run more productive and sustainable factories, announced that it received a Gold 2026 Edison Award in the Manufacturing & Logistics category. The award recognizes Laminar for enabling food and beverage manufacturers to unlock new levels of productivity and sustainability through innovation – running faster production lines while cutting water, chemicals, and downtime.

“Laminar is leading the way CPG manufacturers implement physical AI on the factory floor with first-of-their-kind self-driving processes,” said Annie Lu, Laminar Chief Executive Officer and Co-Founder. “Our patented spectral sensors and complete library of ML models enable a new, transformative approach to closed-loop automation, making the goal of the self-driving factory achievable today. We are honored the Edison Awards recognized our commitment to building a new category of technology and reshaping the future of manufacturing.”

Laminar’s physical AI transforms operations by enabling CPG manufacturers to transition from manual, timer-based operations to self-driving. Deployed across six continents for Coca-Cola, AB InBev, Danone, and Unilever, Laminar delivers measurable sustainability and profitability gains from the same investment. Laminar’s self-driving processes include:

Self-Driving Clean-in-PlaceSelf-Driving Product ChangeoverSelf-Driving Batch OptimizationSelf-Driving Quality ControlAnd more

The Edison Awards, established in 1987 and named in honor of inventor Thomas Edison, celebrates game-changing innovation across industries worldwide. Drawing a global community of innovators across 60+ countries, the Edison Awards elevate solutions that reimagine our future.

Recognition for Laminar’s Innovation

Headquartered at Greentown Labs in Somerville, MA – North America’s leading cleantech incubator – Laminar is a woman-founded startup backed by top-tier investors, including Greycroft, Construct Capital, 2048 Ventures, and Flybridge Capital.

Recognized for its innovation and impact, Laminar received AB InBev’s 2024 Cheers Award for outstanding startup partnership and was named Unilever’s 2023 Supplier Startup of the Year. Laminar’s solution is also deployed in World Economic Forum Lighthouse factories recognized for their leadership in cutting-edge technology.

About Laminar

Laminar’s physical AI helps the world’s leading manufacturers run self-driving factories with more sustainable, efficient operations. Our patented spectral sensors and complete library of ML models transform manual operations into self-driving processes that cut water, chemicals, and downtime in real-time. Deployed in factories across six continents and trusted by global leaders like AB InBev, Coca-Cola, and Unilever, Laminar is building a new category of physical AI that will power the future of process manufacturing. Learn more at runlaminar.com

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