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Shutterstock, Getty and AI Challenge
Shutterstock and Getty: A $3.7 Billion Visual Content Giant
Visual content developers and entertainment and media investors were elated when Shutterstock (NYSE: SSTK) and Getty Images (NYSE: GETY) announced that they were merging. This $3.7 billion deal will combine two of the biggest names in stock photography,
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.
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 ...
50m
on MSN
Linux Foundation brings together top browser makers for more "open" approach
The Linux Foundation launches new initiative to look after Chromium browsers It’s meant to give a “neutral space” for ...
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 ...
2h
Hotunan ɓarnar 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 ...
2h
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.
The Tech Report
4h
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 ...
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 ...
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