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Shutterstock, 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 agree to merge in $3.7B deal as AI competition heats up
News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.
23h
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, ...
19h
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 ...
2h
Hotunan É“arnar mummunar gobarar daji a Amurka
Jami'ai a birnin Los Angeles sun ce mummunar gobarar daji ta lalata sama da gidaje dubu 10 da wasu gine-gine a jihar ...
3h
Apple and Nvidia chip supplier TSMC’s sales top estimates, boosting AI’s 2025 outlook
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
21h
‘We don’t need ChatGPT’: Call to ban AI explodes in wake of Los Angeles wildfire
Text overlayed across two images of raging fires states: “somewhere, the men who build AI chatbots are selecting the ...
22h
Getty Deal Is Picture-Perfect M&A For 2025
Getty Images’ $3.7 billion merger, including debt, with rival stock image seller Shutterstock is a picture-perfect template ...
24/7 Wall St
22h
Here's Why BigBear.AI (BBAI) Stock Collapsed 16% Yesterday
BigBear.ai (NASDAQ:BBAI) fell for the third consecutive day, but the losses accelerated as BBAI stock crumpled 16.2%. The ...
agdaily
23h
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 ...
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