admin@swagenews.com

Facebook Twitter Youtube
Swagenews logo
Home AI

Shutterstock deepens partnership with OpenAI to build generative AI tools

Shutterstock deepens partnership with OpenAI to build generative AI tools

Shutterstock deepens partnership with OpenAI to build generative AI tools

Share on FacebookShare on Twitter

Shutterstock announced today that it intends to deepen its existing agreement with OpenAI to offer the startup training data for its AI models.

Over the course of the next six years, OpenAI will license data from Shutterstock, including photos, videos, and music, as well as any associated metadata. Shutterstock, in turn, would have “priority access” to OpenAI’s latest technology and additional editing capabilities, allowing Shutterstock users to transform photos in Shutterstock’s stock content repository.

Shutterstock also claims that OpenAI will collaborate with it to deliver generative AI capabilities to mobile customers via Giphy, the GIF library it just bought from Meta recently.

Also, see: Threads App Set to Reach 100 Million Users Under a WeekTwitter Reportedly Sees Traffic Drop

“The renewal and significant expansion of our strategic partnership with OpenAI reinforces Shutterstock’s commitment to driving AI tech innovation and positions us as the data and distribution partner of choice for industry leaders in generative AI,” Paul Hennessy, Shutterstock CEO said in a press release. 

Shutterstock and generative AI startups have an uncomfortable — and occasionally testy — relationship. Given its ability to create highly customizable stock photos on the fly, generative AI, particularly generative art AI, poses an existential threat to stock galleries.

Meanwhile, contributors to stock picture galleries, including artists and photographers, have objected to generative AI businesses for what they regard as attempts to profit from their work without recognition or remuneration.

Also, see: Snap is teaming up with Linktree to allow users include links in their profiles

Best Electric Chopper Bikes 2023

Getty Images sued Stability AI, the inventors of the AI art tool Stable Diffusion, earlier this year for scraping its content. Stability AI was accused by the corporation of illegally downloading and processing millions of Getty Images contributions protected by copyright in order to train its algorithms.

In a second lawsuit, three artists claim that Stability AI and Midjourney, an AI art creation platform, are infringing on their copyright by training on their work from the internet without their permission.

Some experts believe that training models that incorporate public photos, even if they are copyrighted, will be covered by fair use theory in the United States. However, it is unlikely to be resolved anytime soon.

Shutterstock, unlike Getty Images, has embraced generative AI, teaming with OpenAI to launch an image creator powered by DALL-E 2. (The Shutterstock-OpenAI partnership began in 2021, but the image creator didn’t debut until late 2022.) Shutterstock has licensing arrangements with Nvidia, Meta, LG, and others to develop generative AI models and tools for 3D models, pictures, and text, in addition to OpenAI.

Shutterstock also maintains a “contributor fund” that pays artists for the role their work has played in training Shutterstock’s generative AI, as well as continuous royalties connected to licensing for newly-generated assets, in an attempt to appease the artists on the site.

Tags: Generative AI toolsOpenAIShutterstockShutterstock deepens partnership with OpenAI
Previous Post

Twitter disables links to rival Threads, as its CEO dismisses concerns of traffic decline

Next Post

cybersecurity professional is accused of stealing $9 million in cryptocurrency

Related Posts

Salesforce Ventures ups its AI fund to $1B, doubling it again
AI

Salesforce Ventures ups its AI fund to $1B, doubling it again

September 17, 2024
OpenAI Introduces Sora Which can generate videos
AI

OpenAI Introduces Sora Which can generate videos

February 16, 2024
TikTok’s AI-powered Creative Assistant now available directly in Adobe Express
Apps

TikToks AI-powered Creative Assistant is now available directly within Adobe Express

February 13, 2024
Google Chrome to Get Generative AI Features
AI

Google Chrome to Get Generative AI Features

January 25, 2024
CES 2024: How to watch as Nvidia, Samsung and others reveal New AI and Hardware Updates
AI

CES 2024: How to watch as Nvidia, Samsung, and others reveal Powerful AI and Hardware Updates

January 8, 2024
OpenAI in Talks With Dozens of Publishers to License Content Amid NYT Lawsuit
AI

OpenAI in Talks With Dozens of Publishers to License Content Amid NYT Lawsuit

January 5, 2024
Next Post
cybersecurity professional is accused of stealing $9 million in cryptocurrency

cybersecurity professional is accused of stealing $9 million in cryptocurrency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Bobrisky Brags About Having Painful Period Pain

Bobrisky Brags About Having Painful Period Pain

December 6, 2024
Farotimi: Afe Babalola justifies the lawsuit as the group is planning a protest

Farotimi: Afe Babalola justifies the lawsuit as the group is planning a protest

December 6, 2024
We have hired 70 Kano lawyers and are working to strengthen the legal field.

We have hired 70 Kano lawyers and are working to strengthen the legal field.

December 6, 2024
Farotimi: Afe Babalola justifies the lawsuit as the group is planning a protest

Farotimi: Afe Babalola justifies the lawsuit as the group is planning a protest

December 6, 2024
Bobrisky Brags About Having Painful Period Pain

Bobrisky Brags About Having Painful Period Pain

December 6, 2024
World Bank To Give $100bn Loan For Poorest Countries

World Bank To Give $100bn Loan For Poorest Countries

December 6, 2024

Recent News

We have hired 70 Kano lawyers and are working to strengthen the legal field.

We have hired 70 Kano lawyers and are working to strengthen the legal field.

December 6, 2024
Farotimi: Afe Babalola justifies the lawsuit as the group is planning a protest

Farotimi: Afe Babalola justifies the lawsuit as the group is planning a protest

December 6, 2024
Bobrisky Brags About Having Painful Period Pain

Bobrisky Brags About Having Painful Period Pain

December 6, 2024
World Bank To Give $100bn Loan For Poorest Countries

World Bank To Give $100bn Loan For Poorest Countries

December 6, 2024

SWAGENEWS brings to you undiluted and detailed reports, news and updates that seeks to inform, engage and empower the world. We expose the information that wasn’t known before or current events broadcast over the radio, television, online or in print media. 

Facebook Twitter Youtube

More from Us

  • WORLD NEWS
  • Covid-19
  • HEADLINES
  • AVIATION
  • Columns
Menu
  • WORLD NEWS
  • Covid-19
  • HEADLINES
  • AVIATION
  • Columns

Contact

  • Contact Us
  • Work with Us/ iWitness
Menu
  • Contact Us
  • Work with Us/ iWitness

© 2024 Swage Media, All rights Reserved