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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.
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 buying Shutterstock to create a $3.7 billion visual content company
The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.
Getty Images, Shutterstock shock the world with $3.7 billion merger deal
Getty Images announced that it would buy rival Shutterstock to create a $3.7 billion visual content company which is set to become a powerhouse in the industry.
3d
The News Industry's AI Challenge: What Does It Mean For Creators?
Marc McCollum is Raptive’s Chief Innovation Officer, developing new revenue streams that open new monetization opportunities ...
1h
Russia turns to China to step up AI race against US
Russia wants China's help in developing AI technology that it can use in wide-ranging areas, including military ...
techxplore
8h
Businesses can't escape the AI revolution—so here's how to build a culture of safe and responsible use
In November 2023, the estates of two now-deceased policyholders sued the US health insurer, United Healthcare, for deploying ...
2h
CHIPS Politics and AI Breakthroughs
Two major developments have put AI on a new course: chip shortages during the COVID pandemic made chips a political topic ...
InfoWorld
1d
Building generative AI applications is too hard, developers say
A new survey reveals that AI developers face many challenges, including a skills gap and frustration with immature processes ...
Interesting Engineering on MSN
1d
Chinese company debuts ‘world’s 1st’ AI + AR glasses to challenge Apple Vision Pro
The AR Spatial is the first AR glasses to feature intelligent myopia and pupillary adjustments, making it accessible for all ...
13d
Why ethics is becoming AI's biggest challenge
Teams designing AI should include linguistics and philosophy experts, parents, young people, everyday people with different ...
Foreign Affairs
1d
The Real Stakes of the AI Race
Much more than computing dominance is at stake; the struggle for AI primacy between the United States, China, middle powers, ...
3d
on MSN
Putin orders Russia's top bank to team up with China in AI push to challenge Western tech dominance
Russian President Vladimir Putin continues seeking to expand his challenge of the West's order — this time in tech. The ...
CIO
1h
Akeneo aims to transform the retail playbook with AI and data consistency
Australian retailers have spent much of the last few years buffeted by economic challenges. In 2024, squeezed by the rising ...
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