Shutterstock expands relationship with Meta Platforms

Shutterstock (SSTK) will help fuel Meta‘s (META) continued investment in AI. The expanded relationship reflects the commitment both companies have to being at the forefront of AI innovation, as well as the power of Shutterstock’s expansive content library. "AI has the potential to drive an explosion of creativity," said Paul Hennessy, CEO at Shutterstock. "Shutterstock is expanding our long-standing relationship with Meta, which follows our partnerships with OpenAI and LG AI Research announced last year, to reinforce our mission to invest in technology that brings creative ideas to life faster. We want to automate the busywork required to complete creative projects and help creators understand how their work is resonating. Our content will remain at the heart of these advancements both on and off our platform, and we will continue to shape the future of generative AI in a way that is ethical and artist-centric."