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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, Shutterstock agree to merge in $3.7 billion deal. Here's what to know.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.'
Getty Images Merges with Shutterstock for Major Synergies
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your
Getty Images And Shutterstock Merge To Create $3.7B Visual Content Giant
In a transformative move that's set to reshape the stock media industry, (NYSE: GETY) and Shutterstock (NYSE: SSTK) announced a merger of equals, creating a combined enterprise valued at approximately $3.
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.
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 ...
Interesting Engineering on MSN
21h
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 ...
techxplore
5h
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 ...
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 ...
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 ...
1d
on MSN
How AI Is Helping Workers Collaborate on a More Human Level
Reducing meetings, addressing app fatigue and aligning organizational goals can all be easier with a boost from software that is now incorporating AI.
5h
on MSN
International Business Machines Corporation (IBM) and TD SYNNEX Launch North American Innovation Studio to Drive AI Adoption and Partner Success
We recently compiled a list of the 10 Buzzing AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
3d
on MSN
Putin orders Russia's top bank to team up with China in AI push to challenge Western tech dominance
Sweeping Western sanctions against Russia have made AI chips a challenge to obtain.
NASA
2d
2023 Entrepreneurs Challenge Winner Skyline Nav AI: Revolutionizing GPS-Independent Navigation with Computer Vision
NASA sponsored Entrepreneurs Challenge events in 2020, 2021, and 2023 to identify innovative ideas and technologies from ...
Impacts
2d
How Do Startups Manage Risks Associated With AI Implementation?
How Do Startups Manage Risks Associated With AI Implementation? Navigating the complexities of AI implementation poses a ...
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