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Shutterstock, AI and Getty Images
Getty images and Shutterstock announced $3.7 billion merger amid AI disruption in stock image industry
Two giants of the stock image industry, Getty Images and Shutterstock, are merging to create a $3.7 billion powerhouse built for the age of artificial intelligence. According to a report by Reuters on Tuesday,
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw antitrust scrutiny.
16h
What's Happening With Adobe Stock?
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
13h
Wallace and Gromit and the need for AI regulation
The Wallace and Gromit films have always featured inventions and technology and the new instalment, Vengeance Most Fowl is no ...
decrypt
9h
AI Deepfake Porn Scandal Rocks Sydney High School as Police Launch Investigation
A student in Sydney, Australia, allegedly used AI to create and distribute explicit deepfake images of female classmates.
agdaily
16h
Scientists leverage AI in methane mitigation strategies for ag
USDA and ISU scientists used AI to find safer alternatives to bromoform for reducing cow methane emissions. AI models ...
The Tech Report
16h
News Roundup of the Week: Meta’s Content Shake-Up, Nvidia’s Gaming Revolution, and More
From Meta’s content moderation and Nvidia’s GeForce RTX 50-series chips to the Getty Images-Shutterstock merger– here's all ...
cybernews
18h
AI in screenings improves breast cancer detection rate
Breast cancer detection is getting a boost from AI. Researchers have found that the use of the technology in screenings increased the chance of uncovering the disease.
CIO
20h
Chief data officers step into the business strategist spotlight
The CDO role is quickly evolving as companies seek to capitalize on AI and data literacy. Seven data chiefs shed light on ...
Rolling Out
1d
Google DeepMind hires AI experts to simulate reality
Google DeepMind is recruiting a new team of artificial intelligence researchers to develop models that "simulate the physical ...
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