Professional Services
Order outsourcing

Shutterstock Expands Partnership With OpenAI to Provide "High-Quality" Training Data

The company will provide OpenAI with "high-quality" training data.

The share price of Shutterstock increased 9% yesterday as the business announced they agreed on an expanded, six-year partnership with ChatGPT-maker OpenAI.

The company, providing stock images, videos, and music, states it will provide OpenAI with "high-quality" training data by offering access to its video, image, and music libraries. What is more, Shutterstock will continue using OpenAI’s text-to-image generation and allow using "synthetic editing capabilities" to alter any image found in their library. 

The companies also announced they plan to bring generative AI to mobile users via Shutterstock’s Giphy GIF database. In case you missed the news, Shutterstock bought Giphy from Meta in May.

Last week, Shutterstock revealed its plans to provide full indemnification to Enterprise customers for the license and use of generative AI images on its platform. They said their goal is to safeguard these customers against any potential claims arising from their usage of such images.

Learn more here. Don't forget to join our 80 Level Talent platform and our Telegram channel, follow us on ThreadsInstagramTwitter, and LinkedIn, where we share breakdowns, the latest news, awesome artworks, and more.

Join discussion

Comments 0

    You might also like

    We need your consent

    We use cookies on this website to make your browsing experience better. By using the site you agree to our use of cookies.Learn more