Shutterstock shares pop as company expands partnership with OpenAI
Publishing timestamp: 2023-07-11 16:01:14
Summary
Shutterstock has announced an expanded six-year partnership with OpenAI, providing access to its video, image, and music libraries for "high-quality" training data. The companies will also work together to bring generative AI to mobile users through Shutterstock's GIPHY platform. Shares of Shutterstock rose 9% after the announcement.
Sentiment: POSITIVE
Keywords: shutterstock inc, technology, meta platforms inc, breaking news: technology, breaking news: business, media, enterprise, internet, business news,
Source: https://www.cnbc.com/2023/07/11/shutterstock-stock-up-on-openai-deal.html