Apple Inks $50M Deal with Shutterstock for AI Training Data
In a significant move to enhance its artificial intelligence capabilities, Apple has entered into a licensing agreement with Shutterstock, committing $50 million to access millions of images for AI training. This deal is part of a broader trend among tech giants who are aggressively seeking to acquire AI training data, with companies willing to pay up to $1-$2 per image, $2-$4 per short video, and $100-$300 per hour of long video. The acquisition of such data is crucial for the development of AI models, as highlighted by various sources, indicating a competitive race in the tech industry to secure valuable AI training materials.
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AppleInsider
#Apple has struck a deal with Shutterstock to license millions of images as training data for its #AI models. 👀👀 https://t.co/NmCZXn8t1a
- AppleInsider
Apple licenses millions of Shutterstock images to train its AI models https://t.co/cW3PmTEN0P #Apple
- AppleInsider
Apple has struck a deal to license millions of images from Shutterstock in order to train its AI models. https://t.co/WsuoKzfxm2
Talk AI Today 🤖🇺🇸 Apple inked a multi-million dollar deal with Shutterstock to officially license millions of images for AI training. Stepping up its game, it seems Apple is getting serious with AI! https://t.co/3kzURHor0y
Supercharged Apple strikes $50 million licensing deal with Shutterstock to use its library for AI training ahead of iOS 18 - https://t.co/Fyaw4WbBmU by @omarmoharram21
9to5Mac Apple struck deal with Shutterstock to license millions of images for AI training https://t.co/rDo6qn63BS by @bzamayo
OODAInside Big Tech’s underground race to buy AI training data #DisruptiveTech https://t.co/ER5tBJMQvU
Techmeme A look at tech giants' AI training data deals; https://t.co/k4VltOTdRt: some are ready to pay $1-$2 per image, $2-$4 per short video, and $100-$300 per hour of long video (Reuters) https://t.co/O9BWgn0Ihf 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/LZz4oifE8c