Getty Images and Shutterstock to merge to form $3.7B stock photo giant
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images Plans $3.7B Merger With Rival Shutterstock
Defined.ai Announces Strategic Engagement With Getty Images to Deliver High-Quality, Commercially-Safe Image Datasets for AI Training
Announced at CES 2025, the collaboration will give Defined.ai users access to Getty Images' content, allowing customers to train AI models with premium, vetted datasets that compensate creators. SEATTLE,
Getty Images and Shutterstock are merging into one stock photo powerhouse
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face increasing competition from AI-powered image creation tools.
Getty Images and Shutterstock to Merge in $3.7 Billion Deal
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition from AI, the companies announced on Tuesday. The new premier visual content company will be called Getty Images Holdings, Inc. and at close, Getty Images’s CEO, Craig Peters, will serve as CEO of the combined company.
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.
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.
After Months Of Selloff, Getty Images' Price Finally Looks Appealing
Getty Images' strong position in the visual content market and its brand value justify a premium to book value. Read why I've upgraded GETY stock to Buy.
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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,
2 of the largest stock photo platforms are merging, sending their shares up
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
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, January 7.
AI is already changing the ways we fight cancer
A study published today in the journal Nature by researchers at Columbia University described a new medical AI model that they say can accurately predict the activity of genes at the cellular level. In theory,
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 (AI) era, in a deal likely to draw antitrust scrutiny.