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Shutterstock and Lightricks pioneer ‘research license’ model to lower barriers to AI training data
Dec 13, 2024•over 1 year ago
Contract Type
partnership
Description
Shutterstock has partnered with Lightricks to introduce a new 'research license' model to make AI training data more accessible. This partnership allows Lightricks to utilize Shutterstock’s extensive HD and 4K video library for training its open-source video generation model LTXV.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months