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 likely to draw antitrust scrutiny.
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.
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,
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 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.
It finally happened. Robot vacuums have limbs. Roborock and Dreame both showed off vacuums with appendages at CES 2025: Roborock debuted its Saros Z70 with an arm to pick up socks, and Dreame added legs to its X50 Ultra to climb a small step. But it was Dreame’s concept bot that put the pieces together.
Multiple fires have spread across thousands of acres in Southern California, ravaging more than 3,000 buildings. As they continue to wreak havoc, reports of widespread property loss are pouring in, including manyv of the region’s most beloved attractions.
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From Meta’s content moderation and Nvidia’s GeForce RTX 50-series chips to the Getty Images-Shutterstock merger– here's all you need to know.
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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,