Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition from AI, the companies announced on Tuesday. The new premier visual content company will be called Getty Images Holdings, Inc. and at close, Getty Images’s CEO, Craig Peters, will serve as CEO of the combined company.
Announced at CES 2025, the collaboration will give Defined.ai users access to Getty Images' content, allowing customers to train AI models with premium, vetted datasets that compensate creators. SEATTLE,
Getty’s acquisition of Shutterstock could influence the future of creative assets. Learn its impact on SEO, content visibility and more.
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face increasing competition from AI-powered image creation tools.
Getty Images' strong position in the visual content market and its brand value justify a premium to book value. Read why I've upgraded GETY stock to Buy.
CES should be called the AI Show as Nvidia and an uncountable number of emerging vendors are infusing AI into their future offerings.
The senior in high school, who cannot be named, allegedly used images from social media along with artificial intelligence to create pornographic photos of female students. A deepfake is digitally created or generated content that can portray someone doing something that never happened.
The Getty Center, one of the most visited museums in the U.S. with millions of visitors each year, also faced the risk of destruction. Home to a world-renowned art collection that spans 110 acres in Santa Monica, the museum was engulfed by smoke on Wednesday but miraculously emerged unscathed as wildfires scorched the surrounding ground.
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The iconic Hollywood Sign in Los Angeles, California is the latest landmark to be caught in the crosshairs of deadly fires. Did it burn down?