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Getty Images To Merge With Shutterstock For 3 Big Reasons
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 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.
1h
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 ...
3h
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 ...
1d
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, ...
cybernews
6h
AI in screenings improves breast cancer detection rate
Breast cancer detection is getting a boost from AI. Researchers have found that the use of the technology in screenings increased the chance of uncovering the disease.
CIO
8h
Chief data officers step into the business strategist spotlight
The CDO role is quickly evolving as companies seek to capitalize on AI and data literacy. Seven data chiefs shed light on ...
24/7 Wall St
23h
Crowdstrike Holdings, Inc. (CRWD) Price Prediction and Forecast 2025-2030
With the advent of the digital age, tech-minded thieves, scammers, and hackers found a panoply of new prospective victims. As ...
Rolling Out
1d
Google DeepMind hires AI experts to simulate reality
Google DeepMind is recruiting a new team of artificial intelligence researchers to develop models that "simulate the physical ...
CIO
1d
CIOs are rethinking how they use public cloud services. Here’s why.
Cost, data privacy, and performance issues have IT executives reassessing what should go into multi-tenant public cloud ...
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