Apple’s $25-50 million Shutterstock deal highlights fierce competition for AI training data
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Apple's $25-50 million deal with Shutterstock for AI training images highlights the fierce competition among tech giants for data supremacy and raises privacy concerns in the rapidly evolving AI market.

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  • Apple struck deal with Shutterstock to license millions of images for AI training

    The AI boom has sprung up a mini-economy for content repositories, which AI companies want access to in order to train their models. Companies like OpenAI initially trained their models by scraping data from the web. However, with the legal overhang of copyright looming, companies are looking to strike deals to formally license content going forward. Apple is one such participant. Reuters reports that Apple struck a deal to license millions of images owned by Shutterstock, a stock image site....

  • Apple licenses millions of Shutterstock images to train its AI models

    Apple has struck a deal to license millions of images from Shutterstock in order to train its AI models. Other tech companies have obtained similar deals from Shutterstock to help develop visual AI engines, including Google, Meta, and Amazon. News of Apple's deal comes well after its signing in late 2022, and is expected to cost Apple up to $50 million. This follows on from news of previous negotiations between Apple and various publishers for similar AI large language model (LLM)...

  • Apple Seeking Deal to License Billions of Images to Train AI Models

    Apple is believed to be among the companies seeking an agreement with Photobucket to train its artificial intelligence models, Reuters reports. Photobucket's vast image library of over 13 billion photos and videos has attracted renewed interest as tech companies, including Apple, seek to license content for AI training purposes. The rise of generative AI has spurred demand for diverse datasets, and companies like Photobucket are able provide a vast amount of of visual data that could train...