LTX is spinning off from Lightricks to operate as an independent company built around open "world models," AI systems designed to understand and simulate physical and virtual environments. The move separates the AI foundation-model business from the consumer app maker that incubated it.
Zeev Farbman continues as LTX's co-founder and CEO, taking the founding team with him. Lightricks keeps its consumer mobile apps, including Facetune, under general manager Asaf Porat. LTX's models stay open, with weights and code available for companies to run, fine-tune, and deploy on their own hardware.
An open-model business splits off from a consumer app company
According to LTX's announcement, the spinoff formalizes a split that had been building inside Lightricks. The company behind Facetune had also become one of the more active releasers of open video models, and those two audiences, phone-app consumers and enterprise AI developers, want different things.
LTX now positions itself as a foundation-model company serving enterprises, studios, researchers, and developers. Lightricks stays focused on the mobile creativity apps that built its consumer base.
LTX-2 traction gave the split a business case
The spinoff arrives on the back of measurable adoption. LTX says its models have passed 22 million downloads on Hugging Face, making LTX the top open model on the platform since LTX-2 launched in January 2026.
