Getty CEO Craig Peters says Getty may rethink its UK presence if the CMA blocks its Shutterstock deal, arguing the CMA is overlooking AI's impact on imaging
CEO says competition watchdog is overlooking how quickly AI is reshaping image generation — Getty Images boss Craig Peters …
The UK's High Court rules against Getty in its lawsuit against Stability AI over its image generator; the judge calls the ruling “extremely limited in scope”
Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI over its image generator at London's High Court on Tuesday.
The UK CMA says it will open an in-depth investigation into Getty and Shutterstock's proposed merger after their offered remedies did not fully address concerns
Raechel Thankam Job / Reuters :
Getty and Perplexity sign a multi-year licensing agreement to let the AI startup display Getty's images across its search and discovery tools; GETY jumps 15%+
Kritika Lamba / Reuters :
Getty Images drops its primary claims of copyright infringement against Stability AI in UK court but is still pursuing other claims and a separate US lawsuit
On its first morning of closing submissions, Getty has dropped its primary copyright infringement claims against Stability AI. … See also Mediagazer
Getty's copyright lawsuit against Stability AI begins at London's High Court, accusing it of unlawfully scraping millions of images; Stability denies the claims
Getty Images' landmark copyright lawsuit against artificial intelligence company Stability AI begins at London's High Court on Monday …
Getty Images CEO Craig Peters says Getty is spending “millions and millions” on its Stability AI lawsuit in the UK and the US, accusing it of copying 12M images
Peters told CNBC in an interview that both Stability AI — the U.K.-based startup best known for its text … Bluesky: @neilturkewitz Bluesky: Neil Turkewitz / @neilturkewitz : “Part of the reason Getty ...
Tel Aviv-based Bria, which licenses images from 30+ partners like Getty to train AI, raised a $40M Series B led by Red Dot, taking its total funding to $65M
Globes Online :
Getty Images Holdings and Shutterstock agree to merge in a deal that creates a $3.7B company; Getty CEO Craig Peters will remain CEO of the combined business
- Shutterstock shareholders get one of the following: $28.84 per share in cash ($1.03 billion based on Shutterstock's outstanding shares) …
Sources: Getty Images is exploring a merger with rival Shutterstock; Getty jumped 13% for a $983M market value, Shutterstock rose 7.9% for a $1.1B market value
www.bloomberg.com/news/article... X: David Clinch / @davidclinchnews : Getty has been looking for a way to sort out its complicated financial underpinning for years, this could provide the revenue and...